rate,rates,foreign exchange,savings,borrowing,tax,tourist rates foreign exhange rates, tourist exchange rates savings rates, isa rates,deposit rates,cheque account rates borrowing rates, mortgage rates, loan rates tax rates, tax allowances
Personal finance home | glossary | guides | links | contact
money rates,interest rates,exhange rates,currency rates rates,rate,interest rates,best rates,comparisons of rates
Glossary of financial terms
SEARCH THE WEB

 


EXPLANATION OF FINANCIAL TERMS

UK GAAP

UK General Accepted Accounting Practices

Underwriting

The City of London mechanism for guaranteeing the success of a share issue by agreeing to buy up the stock if no-one else will.

Unit trust

A fund that invests in a portfolio of shares on your behalf. For a small outlay you get exposure to a wide variety of shares. The unit trust managers deduct varying degrees of charges from your investment to pay for their expertise. The fund is divided into units which rise and fall in line with the value of the underlying assets.


Exchange Rates | Saving | Borrowing | Tax | Email this page to a friend

© 1999-2013