Glossary

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Over 1000 resources
1988 Lugano Convention
2007 Lugano Convention
ADR Pledge
AGM
AGM season
ASB
ASC
ATE insurance
ATS
Absolute leasehold title
Abuse of process
Acceptable behaviour contract
Accepted market practice
Accepting house
Accordion feature
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)
Accounting reference date
Acid test ratio
Acknowledgment of service
Acquisition accounting
Active sales
Actual value
Additional adoption leave (AAL)
Additional liability
Administering authority
Administration
Administrative receiver
Administrative receivership
Administrator
Admission agreement
Advance decision
Advisory rights
Affidavit
Affiliation privilege
Agency cross
Aggravated damages
Aggravating factors
Aggregate deductible
Agri-environment schemes
Alienation covenant
Alpha stocks
Alter ego principle
Amortisation
Annual accounts
Annual accounts and reports
Annualised hours contract
Appeal
Appellant
Applets
Application service provider (ASP)
Applications
Applications development
Applications maintenance
Applications system
Apportionment
Area action plan (AAP)
Area development agreement
Asset-backed securities (ABS)
Assets Recovery Agency (ARA)
Assumption
Assurance
Attachment of earnings
Attestation clause
Attorney General
Authorised person
Authorities
Aval
B2B
B2C
BBX
BPEO
Back-to-back credit
Bad debts
Bai al inah
Bai al salam
Balance sheet
Balancing charge
Bank for International Settlements (BIS)
Bear market
Best Value Authority (BVA)
Best Value Partnership (BVP)
Betriebsvereinbarung
Betterment
Bible
Bid price
Bilateral facility
Bilateral loan
Binding nomination
Binomial Option Pricing Model
Blacklist
Blocked account
Board for Actuarial Standards
Bona fide
Bondholders' committee
Bonus
Bot
Bought deal
British Isles
Broadband
Brussels Convention
Brussels Regulation
Building management system (BMS)
Building scheme
Bull market
Bulletin Board Exchange (BBX)
Burgundy book
Business expansion scheme
Business liability
Business name
Buy-in management buyout (BIMBO)
Buyer's profile
C terms
CFD
CGT group
CIC
CSOP
Callable bond
Cap and collar arrangement
Capital adequacy
Capital gains tax annual exempt amount
Capital losses
Capitalisation
Care Trust
Cartel immunity
Case management conference (CMC)
Cash annual bonus
Cash transfer sum
Cashless exercise
Causation
Cesspool
Champerty
Charges on income
Charging order
Chargor
Charitable incorporated organisation (CIO)
Check off
Children's barred list
Chose in action
Class rights
Class tests (AIM)
Classical system
Clear rent
Clearance service
Clearing House Interbank Payments System (CHIPS)
Clearing bank
Close out
Closed record
Closed-end funds
Co-investment plan
Comité central d'entreprise
Commission for Equality and Human Rights (CEHR)
Commitment letter
Commonhold
Community protection orders
Community schools
Community strategy
Companies Act individual accounts
Companies House
Company investigation
Comparator group
Competent authority
Competition reference period
Completion of a building or work
Composition
Compound interest
Compulsory liquidation
Computer program
Confederation of British Industry (CBI)
Connected company
Conseil des Marchés Financiers
Consiglio di fabbrica
Consortium break-up bid
Consortium relief
Consumer
Consumer Prices Index (CPI)
Contingency principle
Contra proferentem rule
Contract
Contract of apprenticeship
Contribution
Contributory
Copyright
Core strategy
Corporation
Costs and expenses
Costs assessor
Costs in any event
Costs in the case
Costs judge
Costs officer
Costs order
Costs to follow the event
Costs-only proceedings
Counter credits
Country-code top-level domain (ccTLD)
Course of dealing
Covered bond
Cram down
Credit committee
Creditors' voluntary arrangement
Creditors' voluntary liquidation
Cromme Commission
Cross-appeals
Cross-collateralisation
Cross-licence
Crown
Cum-rights
Cumulative dividend
Customs & Excise
DAC
DDA questionnaire
De minimis notice
De novo
Dealing
Debt buy-back
Debtor in possession finance
Declaration
Deductible expenditure
Deed
Deeply discounted securities
Default interest provision
Defence
Deferred annual bonus plan
Defined benefits lump-sum death benefit
Definitive bonds
Degrouping tax charge
Dematerialised
Demilitarised zone (DMZ)
Demoted tenancy
Department for Business, Innovation and Skills (BIS)
Deposit into CREST
Depositary
Derecognition
Descriptive document
Designated professional body (DPB)
Detailed assessment
Development plan
Developmental lease, licence or tenancy
Devolved administrations
Digital certificate
Digital signature
Digital watermark
Digitisation
Directions questionnaire
Directive
Disclaimer election
Disclose
Discontinuance
Discretionary payment
Dishonest assistance
District judge
District registry
Dividend block
Domestic fund
Dominant tenement
Dominium plenum
Down round
Dual contract
Duopoly/duopolistic
EBT
EEA
EMI individual limit
EPS
ESMA Recommendations
ESOT
EU Article 29 Working Party
EU Service Regulation
Easdaq
Easement
Economic value added
Elective regime
Elective resolution
Electronic data interchange (EDI)
Electronic means
Employee share option scheme
Employer-financed retirement benefits scheme
Employment agency
Encryption
Engineering Employers' Federation (EEF)
Engrossment
Enhanced capital note
Enterprise Zones (EZs)
Equal Opportunities Commission (EOC)
Equality and Human Rights Commission (EHRC)
Equitable interest
Equitable mortgage
Equity partnership plan
Equity warrants
Equity-linked debt
Escheat
Escrow
Escrow agent
Euro-Sterling
Euroclear
Euronext LIFFE
European Company
European Council
European Currency Unit (ECU)
European Data Protection Supervisor (EDPS)
European Free Trade Association (EFTA)
European Investment Bank (EIB)
European Monetary System (EMS)
European Monetary Union (EMU)
European Securities and Markets Authority (ESMA)
Ex dividend
Excess layers
Exchange traded derivative
Excluded assignment
Excluded indexed securities
Excluded property
Exclusion
Execution
Execution against goods
Executive agency
Executor
Executory contract
Executrix
Exempt person
Exempt transaction
Exercise period
Exercise price
Expectation loss
Expected week of childbirth (EWC)
Expense (insolvency)
Expert adviser
Expert witness
Exposure draft
Extortionate credit bargain
Extra-statutory concession
Extranet
F terms
FCA Handbook
FII
FRA
FRI lease
FRRP
FRS 17
FSA Handbook
FSAP
FTSE 100
Face-value requirement
Facility letter
Factoring
Family Proceedings Court
Fast track
Favoured trusts (for inheritance tax)
Feu duties
Feudal superiority
Final costs certificate
Finance director
Finance lease
Financial Conduct Authority (FCA)
Financial Industry Regulatory Authority (FINRA)
Financial Reporting Review Panel (FRRP)
Financial Reporting Standard 20 (FRS 20)
Financial Services Authority (FSA)
Financial Stability Forum (FSF)
Firm
Fixed costs
Fixed rate note
Fixed rate preference shares
Fixture
Floating charge
Footpath
Foreign income dividend (FID)
Foreign private issuer
Foreign specific employment income
Forfeiture
Form 42
Forum non conveniens
Forward
Fossil fuel levy
Fractional entitlements
Franchise
Functional autonomy
Further and better particulars (FBPs)
Further information
Futures
GAAP
GDR
GP
GPP
Garnishment
Geared leases
Geared rent
General Block Exemption Regulations (GBER)
General Public Licence (GPL)
Genuine occupational qualification or requirement
Gesamtbetriebsrat
Gilt-edged securities
Global bond
GmbH
Golden hello
Good husbandry
Good leaver/Bad leaver
Goods agreement
Government Actuary's Department (GAD)
Greater London Authority (GLA)
Green sourcing
Grey market dealing
Grey market trading
Ground rent
Group accounts
Guardian
Hague Convention on Choice of Court Agreements
Hague Service Convention
Hardware
Headline rent
Heads of agreement
Higgs report
Hollow tranche
Host
Hotchpot
Hourly rates
Hybrid scheme
Hyperlink
IAS 19
IAS Regulation
IAS accounts
IAS individual accounts
IASB
ICC
IMF
IMRO
INSOL International
IPE
IPMA
ISD
ISD2
ISDN
ISMA
ISP
Ijara
Impaired
Implied trust
Implied trust
Improvement notice
Imputation system
In arrear
Income access structure
Income tax additional rate
Income tax personal allowance
Incorporeal hereditaments
Indemnity basis
Indemnity principle
Independent scrutineer
Indexation allowance
Individual savings account (ISA)
Industrial training levy
Industrial tribunal
Information society service
Injunction against unlawful use of premises
Inland Revenue
Input tax
Insider trading
Insolvency (individual)
Insolvent
Institutional Shareholder Services (ISS)
Institutional lease
Institutional shareholder guidelines
Intangible assets
Interconnection
Interest in possession
Interest rate cap
Interim application
Interim injunction
Interim receiver
Intermeddler
Intermediate term
International Capital Market Association (ICMA)
International Financial Reporting Standards (IFRS)
International Islamic Financial Market (IIFM)
International Monetary Fund (IMF)
International Primary Market Association (IPMA)
International Securities Market Association (ISMA)
Intervention orders
Intestate
Introduction
Introductory tenancy
Investment Property Databank Index (IPD Index)
Investment firm
Invoice discounting
Islamic Financial Services Board (IFSB)
Issue
Istisna'a
JORC
Jobholder
Joint liability
Judge
Judgment in default
Jurisdiction
Justices' clerk
Knowing assistance
LAWDCS
LIMEAN
LR (see Listing Rules)
LTIP
Land certificate
Lasting power of attorney (LPA)
Law Commission
Layers
Lead manager
Legal charge
Letter of intent
Letters of administration
Letters of administration with will annexed
Leveraged finance
Liability insurance
Life interest
Life interest trust
Lifetime annuity
Limited price index (LPI) bonds
Limited title guarantee
Liquidation
Liquidator
Listing questionnaire
Loan notes
Loan relationship
Local Area Agreement (LAA)
Local Enterprise Partnerships (LEPs)
Local Government Pension Scheme (LGPS)
Local area network (LAN)
Local development document (LDD)
Local loop
Lock-in agreement
Lock-out agreement
London Gazette
London Interbank Market
London Rules
Longtail
Loss
MAC clause
MAD
MTN
Magistrate
Maisir
Major interest in land
Management expenses
Mandate
Mandatory capital note
Mandatory prepayment
Margin
Margin lending
Market investigations
Markets in Financial Instruments Directive (MiFID)
Marriage value
Master
Master development agreement
Master franchisee
Matching shares
Maternity allowance
Measure of damages
Median
Members' agent
Members' voluntary liquidation
Memoranda of understanding
Merger Control Regulation
Merger reserve
Mesne profits
Metatag
Mexican shootout
Middleware
Minor
Minor interest
Miscellaneous securities
Mode of trial
Money claim
Monitoring Officer
Monopoly
Monte Carlo simulation
Moratorium
Mortgagee
Mortgagor
Mudaraba
Multilateral trading facility
Musawama
Musharaka
NASDAQ Stock Market
NHS Foundation Trusts
NICs
NV
National Indicator Set (NIS)
National Parks
National Storage Mechanism (NSM)
National minimum wage (NMW)
National savings products
Natural justice
Negative pledge
Net open position
New York Stock Exchange (NYSE)
New money
New tenancy
Newsgroups
Nil premium merger
Nil-cost option
No-shop agreement
Nominee
Nominee director
Nominee shareholder
Non-departmental public body (NDPB)
Non-eligible jobholder
Non-trading loan relationships
Normal minimum pension age
Notice of proposed allocation
OFWAT
ORR
OTC
OTC Bulletin Board (OTCBB)
Object code
Ofcom
Offer price
Offer-related arrangements
Offeror
Office of Fair Trading (OFT)
Office of Gas and Electricity Markets (Ofgem)
Official Journal of the European Union
Oftel
Old lease
On demand bond
Online
Open contract rules
Open system
Open-source software
Order book
Ordinarily resident (in the UK)
Ordinary power of attorney
Organisation for Economic Co-operation and Development (OECD)
Outline planning permission
Overriding objective
PAYE
PFI
PIK debt
PLUS Markets Group plc
POS Regulations
PR (see Prospectus Rules)
Pac-Man defence
Parallel trade
Part 2 of the Income Tax (Trading and Other Income) Act 2005
Part 36 offer
Partially exempt
Participating dividend
Participation exemption
Participations
Pass-through arrangement
Patent
Pathfinder prospectus
Pay
Paying party
Pension protection levy
Percentage ratio tests
Performance bond
Performance condition
Permanent Pasture
Permanent health insurance (PHI)
Personal chattel
Phantom share option
Picketing
Piggyback rights
Pilot operation
Pledge
Poison pill
Police directions power
Polkey deduction
Poll
Portfolio
Post-conviction ASBO
Potential value
Potentially exempt transfer (PET)
Power of appropriation
Power reserved
Pre-emption rights
Pre-hearing review (PHR)
Pre-pack
Pre-qualification questionnaire
Pre-trial checklist
Pre-trial review (PTR)
Preliminary agreements
Preliminary issue
Premium listing
Prepayment facility
Prescribed accounting period
Prescribed market
Presidency of the Council of the EU
Price/earnings ratio (P/E ratio)
Primary information provider
Primary listing
Probate Records Centre
Products guarantee insurance
Products recall insurance
Professional Securities Market (PSM)
Professional indemnity insurance
Professional liability insurance
Profit of pasturage
Promissory note
Promoter
Proof of debt
Proportionality
Proposal form
Proposer
Protected building
Protected characteristic
Protector
Protocols
Prudential Regulation Authority (PRA)
Public Sector Procurement Directive
Public liability insurance
Public nuisance
Puisne mortgage
Purple book
Pyramid selling
QCA guidelines
QUEST
Qard al hasan
Qualified institutional buyer (QIB)
Qualifying charitable donations
Qualifying floating charge
Qualifying floating charge holder
Queen's Counsel
Quoted eurobonds
RCH
RFI
RIS
RLA
RMBS
RNS
RPI rent
Rack rent lease
Ram doctrine
Readily convertible assets
Reading list
Reasonable search
Recognised clearing house (RCH)
Recognised stock exchange
Recognition
Recusal
Red book
Red herring
Reference bid
Regional Assembly
Regional Development Agencies (RDAs)
Registrar (of the High Court)
Registrar of Companies
Regulation Y
Regulatory Information Service (RIS)
Relevant agreement
Relevant dependant (alternatively secured pensions)
Relevant filing system
Relevant linked annuity
Relevant transfer
Remainderman
Remoteness
Remuneration
Rent stop
Repackaging
Repo
Repo agreement
Repudiatory breach
Res judicata
Research Recommendations Electronic Voting (RREV)
Reservation of power
Resident (in the UK)
Residential mortgage-backed securities
Residuary estate
Residue (of an estate)
Response form
Response pack
Restricted person
Restricted procedure
Restructuring
Results-dependent interest
Reversionary interest
Review date
Roll-over relief
Rolled up interest
Romalpa clause
Rome II
Root of title
Rule 3 adviser
Rules Governing Substantial Acquisitions of Shares (SARs)
SAYE scheme
SEAQ
SEAQ International
SEC
SETSmm
SFA
SIB
SLC
SWIFT
SWX Europe Limited
Sale and repurchase agreement
Salmon principles
Schedule of dilapidations
Scheme actuary
School federations
Second-level domain (SLD)
Secondary listing
Secondary picketing
Secret trust
Section 106 agreement
Section 151 Officer
Section 31 agreement
Section 593 valuation
Section 615 scheme
Section 9(2B) rights
Section 95 disapplication
Secure tenancy
Securities Exchange Act of 1934
Securities House
Securities and Exchange Commission (SEC)
Security Principle
Security for costs
Security trustee
Sedley Requirements
Sentencing guidelines
Service Level Agreement (SLA)
Service credit
Service provider
Services of general economic interest (SGEI)
Settle
Settlement
Settlor
Severance agreement
Sewel Convention
Share for share exchange relief
Share incentive plan
Share premium account
Sharia Committee
Short rotation coppice
Short-tail
Side-by-side rent
Significant influence
Simplified planning zone
Single joint expert
Sinking fund
Sit-ins
Slip
Small claims track
Social partners
Software
Software as a service (SaaS)
Some other substantial reason (SOSR)
Sovereign
Spatial planning
Special disclosure
Special dividend
Special resolution
Special school
Specialisation agreement
Specific disclosure
Specific performance
Speculative grade debt
Spread bet
Spring-loading
Springboard injunction
Stag
Stamp duty
Stamp duty reserve tax (SDRT)
Stand alone ASBO
Standard & Poor's 500 index (S&P 500)
Standard basis
Standard grievance procedure (Standard GP)
Standard scale of fines
Standard-rated supply
Standing orders
Standstill agreement
Stapled finance
Stapled stock structure
State aid
State pension age
Statement of costs
Statutory GP
Statutory adoption leave
Statutory legacy
Statutory sick pay (SSP)
Statutory tenancy
Stay
Stay of execution
Straight (or specially advised) credits
Structure plan
Structured approach to verdict and sentencing
Sub-fund election
Sub-participation
Subrogation
Substantial damages
Sugar beet quota
Sui generis
Suitable alternative employment
Sukuk al-mudaraba
Sukuk al-murabaha
Sukuk al-salam
Sukuk al-wakala
Summary assessment
Summary dismissal
Summary offence
Supplementary planning documents (SPDs)
Sweet equity
Swingline
Syndication
Systems integration agreement
TLD
Tail swallowing
Tax exempt special savings scheme (TESSA)
Tax point
Tax written down value
Taxation
Taxing master
Teckal exception
Tenancy in common
Tender panel facility
Term loan
Testator
Third party debt order
Third party notice
Tier 1 capital
Topping right
Tort
Total rate of return swap
Tracing
Trade mark
Trading name
Trading plan
Transferor
Transparency International
Transparency Rules
Treasury shares
Treaty country
Trial window
Triple cocktail
Trivial commutation lump sum
Trust of land
Trust schools
UCP 600
UITF
UK
UK Listing Authority (UKLA)
UKLA Listing Rules
UMTS (Universal Mobile Telecommunication System)
UNCITRAL
URL
US GAAP
US reporting issuer
USM
UURBS
Ultra vires
Umbrella company arrangement
Unauthorised payment
Uncalled share capital
Undertaking
Underwater option
Unfair Contract Terms Act 1977 (UCTA)
Unitary development plan
United Nations Commission on International Trade Law (UNCITRAL)
Unlisted Securities Market (USM)
Unsecured pension
Upper accrual point
Urgent Issues Task Force (UITF)
VAT
VATA
Valuation date
Value Added Tax Act 1994 (VATA 1994)
Value added tax (VAT)
Vendor placing arrangement
Venture capital trust (VCT)
Vest
Vested interest
Voluntary aided schools
Voluntary liquidation
Vulnerable person
WPA
WTO
Wa'ad
Walker Review
War savings certificates
Warrant of execution
Warrantor
Wayleave agreement
Web
Web browser
Wednesbury unreasonableness
Week's pay
Well-being power
Will
Will trust
Winding up
Without notice
Witness summons
Work to rule
Work-ins/sit-ins
Working capital
Working day
World Trade Organization (WTO)
Writ
Writ of fieri facias
Wrongful trading
Zero coupon loan notes
Zero-rated supply
Zoning
ccTLD
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