EMSee: Effective margin
Building Societies Investor Protection SchemeBuilding Societies Investor Protection Scheme
A scheme set up to give limited protection to people with share and/or deposit accounts in authorised building societies which fail. Building societies are regulated and supervised by the Financial Services Authority and this scheme was replaced by the Financial Services Compensation Scheme (FSCS) in December 2001. In the case of an authorised building society being wound up there is a provision to pay compensation of 90% of a person's shares and/or deposits up to a set maximum.
Clearing House Interbank Payments System (CHIPS)Clearing House Interbank Payments System (CHIPS)
An international wire transfer system for high-value payments operated by a group of major banks.
Stolper-Samuelson TheoremStolper-Samuelson Theorem
1. The proposition of the Heckscher-Ohlin Model that a rise in the relative price of a good raises the real wage of the factor used intensively in that industry and lowers the real wage of the other factor. 2. The further proposition (requiring addition assumptions) that protection lowers the real wage of a country's scarce factor and raises the real wage of its abundant factor. Due to Stolper and Samuelson (1941).
Announcement dateAnnouncement date
Date on which particular news concerning a given company is announced to the public. Used in event studies, which researchers use to evaluate the economic impact of events of interest.
Opportunity StatementOpportunity Statement
A concise description of a process in need of improvement, its boundaries, and the general area of concern where a CQI Team should begin its efforts.
Further SuggestionsIncremental internal rate of return
administrator (feminine form administratrix)
Employee Retirement Income Security Act
Growing Equity Mortgage (GEM)
Active fund management
Stock Exchange Automated Trading System PLUS
Board of Governors of the Federal Reserve System
retirement annuity contract (RAC)
clearing house interbank payment system
Corporate financial management
Small Order Execution System (SOES)
Notes to the financial statements