R01 - Glossary Check...

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Glossary Check...

टेक्स्ट से मिलान करें (क्लिक करें और खींचें)   

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पाठ से मेल खाते हैं

Compound interest rate

Corporate body

Coupon

Decreasing term assurance

Endowment

Execution-only customer

क्लिक करें और खींचें

The interest earned on a deposit/investment is not withdrawn but reinvested along with the original deposit; interest is then earned on this new amount.

Refers to the fixed rate of interest earned on UK Government stock. It is expressed as an annual rate on £100 (nominal) of the stock.

Life assurance for a fixed period where the sum assured reduces to nil over the term of the policy.

Such customers use a firm to conduct investment transactions, but not to give them advice on the suitability of the transactions.


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