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Financial market |
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Financial marketA market for a financial instrument, in which buyers and sellers find each other and create or exchange financial assets. Sometimes these are organized in a particular place and/or institution, but often they exist more broadly through communication among dispersed buyers and sellers, including banks, over long distances.Financial marketAn organized institutional structure or mechanism for creating and exchanging financial assets.Financial market Similar MatchesInstitute of Financial PlanningInstitute of Financial PlanningThe UK professional body committed to the development of financial planning. The Institute was set up in 1986 and draws its members from accountancy, insurance, taxation, stockbroking, education and legal professions. Its stated objectives include 'promotion of the profession and practice of financial planning, increasing public awareness for the need for financial planning, creating of recognised professional qualifications for members, ensuring professional standards through a Code of Ethics and screening of new members, encouragement of education in the theory and practice of financial planning and the sharing of knowledge with other professionals'. A financial planner may be from any relevant professional background.To obtain Associate status a planner must hold a relevant professional qualification such as the Advanced Financial Planning Certificate (AFPC) and have three years related experience. Fellowship is available subject to the passing of a further examination and a longer period of experience. A list of Certified Financial Practitioners is established in the 'Registry' and is available to members of the public from the Institute. These practitioners are independent and are obliged to offer a fee basis. They must be prepared to offer a financial planning service separate from investment business if requested by a client. Reference to a Certified Financial Planner would usually be relevant to people seeking a higher level of advice or those with more complex requirements. Consolidated financial statementConsolidated financial statementA financial statement that shows all the assets, liabilities, and operating accounts of a parent company and its subsidiaries. Financial Intermediaries Managers and Brokers Regulatory AssociationFinancial Intermediaries Managers and Brokers Regulatory AssociationThe self regulating organisation originally responsible for governing financial advisers. Became part of the PIA in 1994. Financial institution buyer credit policyFinancial institution buyer credit policyInsurance coverage for loans by banks to foreign buyers of exports. Financial StatementFinancial StatementAn accounting statement showing assets and liabilities of a person or company. Used generally for large loans or other instances when the credit report (history of payment of debts) in itself is not sufficient. Further SuggestionsShort term financial planDirect costs of financial distress Chartered Financial Analyst (CFA) financial pager London International Financial Futures and Options Exchange Financial crisis financial futures Financial supermarket Financial press Financial Services Authority Nonfinancial services Financial leverage clientele Financial tables Dupont system of financial control Financial lease London International Financial Futures and Options Exchange (LIFFE) Integrated financial market Tokyo International Financial Futures Exchange Financial account Financial intermediaries Percentage financial statement Financial Services Compensation Scheme Financial innovation Perfectly competitive financial markets Financial planning |
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