Реферат: The City of London and its role as a financial centre

general term for stocks and shares of all types.

Exchange-

a market for the toll purchase of goods or securities.

Stock Exchange-

a market for short or long term transactions in securities .

Commodity Exchange-

a stable market for wholesale transactions in preferably commodities and raw materials

Money Market-

a market for money instruments with a period of validity of less than one year.

Factoring-

a business activity in which a company takes over the responsibility for collecting the debts of another company.

Fund Management-

managing investors’ funds on their behalf or advising investors on how to invest their funds.

Financial Futures-

legal contracts for the sale or purchase of financial products on a specified future date, at the price agreed in the present.

Option-

A contract giving the right to buy or sell financial instruments or goods for a stated period at a stated price.

The London Bullion Market -

The international gold and silver market in London where trade is done by a telephone or electronic links.

Hedge

The purchase or sale futures contract as a temporary substitute for a transaction to be made at a later date

Open-Ended Fund-

A fund without a fixed number of shares

Quite-edged loans -

Loans issued on behalf of the Government to fund its spending.