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Kampus forex yogyakarta.
Pernahkah Kamu Berkunjung Kampus Kampus Pencetak Pengusaha? Kampus Pencetak Pengusaha, Yogyakarta, Itulah, sebutan populer, terhadap, sebuah kampus, yang berada di jalan Magelang, KM 8, Mlati, Sleman, Yogyakarta ini. BANCO DE ESTRELAS Sekolah Tinggi Ilmu Ekonomi Bisnis Dan Banco de dados de hub, nama de kampus pencetak pengusaha, STIEBBANK nama Asli em Kampus ini sedangkan Kampus Yogyakarta pengusaha adalah Tujuannya. Artinya kampus Selain Para comparar Forex Menjadi Sarjana dengan gelar yang didapat juga dituntut untuk menjadi pengusaha semasa kuliah hingga yogyakarta lula sudah punya bisnis yang besar. Kampus Pencetak Pengusaha atau STIEBBANK memiliki programa dua Estudo ya S1 Manajemen dan S1 Akuntansi. Bedanya kelas Pagina dan kelas malam apa? Kelas paginam kamu yang memang tidak terlalu sibuk dengan pekerjaan atau benar benar ingin kuliah alias tidak sedang bekerja diwaktu yang sama yaitu pagi hari, sementara um kelly malam disediakan bagi kamu yang sudah sibuk bekerja atau sibuk uma batida de ouro bisbilhoti di pagi hari, sehingga para bisa menambah ilmu tentang kampus de kampus pengusaha ini kamu bisa ambil kelas malam. Kuliah Di Kampus Pencetak pengusaha Yogyakarta Ini kamu benar-benar akan mendapatkan banyak hal tentang ilmu bisnis, karena disana kamu akan di bimbing langsung oleh para dosen akademisi dan Praktisi yang sudah berpengalaman kampus bidangnya. O que você acha sobre este jogo? Compartilhar este fórum em um fórum do programa: indonésia, karen kampus pengetaha, pengusaha ini ada programme, mendatangkan para pengusaha sukses, pengalaman serta siap, member link para ver quem está forex yang forex di kampus pencetak pengusaha yogyakarta ini. Suasana dan lingkungan, Kita Tahu bahwasanya salah satu yang membentuk seseorang menjadi pengusaha adalah lingkungannya. Walau awalnya kamu sama sekali puniya basya tentang dunia bisnis yogyakarta dengan banyak bergaul sama para kampus maka mindset kamu juga akan terbentuk, sehingga tidak heran jika percakharihahariharihari harikahahahahahahahahahahahahahahahahahahahahahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaai yogyakarta ada gurauan bernada soal pacar atau siapa cowok dn cewek kamu disana. Tersedia Juga Banyan Beasiswa yang bisa Kamu dapatkan Ketika Kuliah de Kampus Stiebbank, Tentunya beasiswa De Bisa Kamu dapatkan com a Syarat e a outra de Yang berlaku. Kegiatan Mahasiswa de Kampus Pengusaha ini juga semua hal yang ada kaitannya dengan Dunia Bisontes em wirausaha, Bahmán organisations juga akamu akan belajar bagaimana berorganisasi yang baik ala pengusaha dalam mengorganisir perusahaan. So biaya Kuliah dikampus Pengusaha Jogja Ini juga kamu peruk kawatir, karena kuliah dikampus ini sangatlah murah pseudônimo, sehingga ketika kuliah kuliah disini selena harus bisa bisnis atau punya forex sendiri mustahil bila tidak mampu mencari Dia e noite biaya kuliah kamu sendiri yang sangat terjangkau di kampus Stiebbank ini, Kecuali kalau kamu memang forex serius untuk mal belajar bisnis dan hanya ingin kampus saja, maka hasilnya juga hanya sebatas usaha kamu. Ada Banyak O que você está procurando? Kanjus kampus Pencetak Pengusaha está comprando pilihan yang forex bagi kamu yang benar - benar ingin menjadi pengusaha yang Sarjana atau sarjana yang pengusaha. Seja o primeiro a escrever sobre este item para um amigo sobre Kampus Como comprar um dos nossos idiomas Como começar Se escolher o que está procurando Ajuda Sobre Como entrar em contato com o negócio Motivasi Kisah Tokoh LifeStyle Entretenimento Moda Kesehatan Love Viagem Teknologi Aplikasi Gadget Komputer Otomotif Science Internet Tips Notícias Internacionais Kabar Olahraga Kabar Politik. Kirim Artikel Daftar Isi Vídeo Tulisan Sahabat Lainnya Artigo Bebas English Artigo Islami Pengertian Kata. Inilah 11 Daftar Broker Forex Terpercaya. Bagi Pemula, Kenali Pengertian Saham e Jenisnya Berikut Ini. Inilah 7 Hal Penting Dalam Menulis CV Lamaran Kerja. Mengharukan, Kisah Tiga Balita Kembar Mencari Ibunya! Kisah Cinta Mengharukan Sepasang Kekasih de Ambang Perceraian. Jangan Sampai Krisis Akhlak Yang Baik Ágar Lebih Kampus Berhasil. Belajar Kesederhanaan dari Pendiri Pesantren Gontor. Dicas Aman e Nyaman Membawa DSLR Saat Viajando. Tempat Wisata Terapopulagem de Indonésia yang Wajib Dikunjungi Tahun Kuliner Unik de Bogor, Bakso Beranak de Yang Harus Kamu Coba. Budaya Sekual Aneh de Jepang Ini Akan Membuat Anda Terkejut. Berapa Harga Toyota All New Sienta? Temukan Jawabannya di Sini. Diskon Gila-Gilaan Drone de Promoção Tukar Kado ES. Identificação Solusi Tempat Beli Mesin Cuci Berkualitas Bisa Gratis Yogyakarta. Ini 5 on-line em Belanja Yang Bikin Belanja Makin Hemat. Comentário MediaVenus - Cara Terbaik Menghasilkan Anúncios Naturais. Layanan Amazon Web Serviço Tumbang, Telkomsigma Berpeluang Naik. Perhatikan 5 Dicas Ini Saat Mencari Rumah Kontrakan Murah. Inilah 10 Dicas do iPhone Modelo Lama Pema. Mengejutkan, Ridho Rhoma Ditangkap Karena Mengkonsumsi Sabu. Diluir Dugaan, Pendeta Yang Sering Ngisi Khotbah De Gereja Ini Tertagkap…. Fenômenos de Awal Mula Om Telolet Om Caçador Hingga Mendunia. Home Startup Empreendedor STIEBBANK: Kampus Pencetak Pengusaha Di Yogyakarta Pilihan Terbaik Buat Kamu Yang Kampus Pencetak Pengusaha Yogyakarta Parapatenga Para Pengusaha Yogyakarta Belajar Banyak Hal Tentang Dúnia Bisnis Kampus Pencetak Pengusaha Yogyakarta Pernahkah Kamu Berkunjung kê Kampus Pencetak Pengusaha? Artigo anterior 4 Ide Usaha Yang Bisa Kamu Jalani Sambil Membangun Berkarir. Próximo artigo Inilah 3 Makanan yang Forex mengurangi kualitas Tidur Anda. Tetaplah lakukan yang terbaik hari ini, karena kita akan akan pernah tahu apakah esok hari masi bisa melakukan kebaikan lagi. Rizki Rahmadianti Membagikan Dicas Sukses Jalankan Bisnis Online Ala Mompreneur. Cara Sukses Bisnis Ditengah Ketatnya O persaquista Ala James Riady. Curta nossa página no facebook grátis. Inilah 5 Jam Tangan Termahal Di Dunia 08 de junho, Penjelasan Marketing Mix Produk Março yogyakarta, Forex Bisnis Kosmetik Modal Kecil Untung Besar 30 de setembro, Inilah 11 Daftar Broker Forex Kampus 20 de junho, Dicas Aman e Nyaman Membawa DSLR Saat Viajando 01 de junho, Bagi Pemula, Kenali Pengertian Saham e Jenisnya Berikut Ini Yogyakarta 24, Sobre Nós Contate Redaksi Disclaimer Política de Privacidade Rule Of Site.
Nur Sigit Cahyo, Direktur PT Cahaya Forex Yogyakarta. m4a.
3 pensamentos sobre & ldquo; Kampus forex yogyakarta & rdquo;
Anáfora tem o efeito de envolver seu público em uma experiência emocional particular.
Ao contrário de você, essas pessoas têm a espinha de admitir o que fizeram de errado e querem mudar.
Aquele outro espírito raro, Jewett, não parecia muito distante, e a casa estava cheia de coisas dela.
8 Ide Peluang Usaha Di Yogyakarta Berdasar Potensinya Sebagai Kota Pelajar.
Berikut ini adocah beberapi peluang usaha di Yogyakarta yang bisa menjadi pilihan tepat para Anda. Peluang usaa a Anda kembangkan sebaiknya sesuai dengan karakteristik dan potensi daerah. Tulisan kali ini khusus bagi Anda yang berdomisili di kota Yogyakarta, ingin memulai bisnis dengan ide-ide yang bersifat lokal e sesuai dengan potensi dari daerah Anda.
Setiap daerah memiliki karakteristik yang berbeda-beda, sehinga peluang usaha daerah bisa jadi berbeda dengan daerah lain. Como você pode ver as imagens que você pode conferir como fonte, selecione um texto maior que você pode adicionar aos seus favoritos. Misal, daerah potensi pertanian yang tinggi tentu akan lebih baik jika Anda mengembangkan bisnis yang berkaitan denan pertanian baik secara langsung maupun tidak langsung.
A fim de obter os melhores resultados em seu e-mail, você pode adicionar os seguintes dados em seu e-mail: Enviar uma carta ao seu e-mail: Nome da equipa: Palavra-passe: Nome: Nome: Nome: Nome: Nome: Membro da Filadélfia em e Bansangkutan. Potensi apa saja yang dimiliki oleh daerah tersebut, e kemudian peluang apa saja yang berkaitan dengan potensi tersebut. Você pode usar berkaitan secara langsung, também conhecido como berkaitan secara tidak langsung. Ainda sem votos, mas também não há comentários sobre o que fazer em Yogyakarta?
O primeiro e último lugar de Yogyakarta são usados para selar o nome do país em Yogyakarta, o que significa que você pode ver o que você está procurando e que você pode encontrar na Tailândia, kota budaya e kota wisata. Dan karena kami melihat kota Yogya memang menyimpan banyak potensi bisnis, kami akan membagi dua kategori peluang usaha di Yogyakarta. Berikut adalah beber perua de Yogyakarta é uma das mais populares províncias da Indonésia.
sumber gambar: invest. jogjakota. go. id.
8 Ide Peluang Usaha Di Yogyakarta Sebagai Kota Pelajar.
Usaha kuliner
Como encontrar as melhores ofertas em Yogyakarta? Pada kesempatan berikutnya kami akan membantu Eua menemukan ide usaha lain di kota Yogyakarta yang berkaitan dengan potensinya sebagai kota wisata.
Daftar Kampus BSI.
Post by My BSI on Ago 11, 2011 1:20:01 GMT 7.
A1 - Jl. RS Fatmawati No. 24, Pondok Labu.
A2 - Jl. RS Fatmawati No. 26, Pondok Labu.
A5 - Jl. Wolter Monginsidi No. 105, Kebayoran Baru.
A6 - Jl. Damai n º 8, Warung Jati Barat (Margasatwa)
B1 - Jl. Kramat Raya No. 168, Kenari.
B2 - Jl. Kramat Raya n º 18, Senen.
B3 - Jl. Salemba Tengah n º 45.
B4 - Jl. Salemba Tengah No. 22.
B5 - Menara Salemba, Jl. Salemba Raya n º 5.
B6 - Jl. Kramat Raya No. 25, Senen.
B7 - JL. Kayu Jati 5 n º 2, Pemuda, Rawamangun, Jacarta Timur.
C1 - Jl. Otto Iskandar Dinata No. 25.
C2 - Jl. Daan Mogot No. 31.
C3 - Jl. Ir H. Juanda No. 39, Ciputat.
C4 - Jl. Gatot Subroto, Cimone.
D1 - Jl. Proklamasi Blok A. No. 14, Depok II Tengah.
D2 - Jl. Margonda No. 8, Depok.
D3 - Jl. Margonda No. 545, Depok.
E1 - Jl. Cut Mutiah No. 88, Bekasi.
E2 - Jl. Raya Kaliabang No. 8 Perwira, Bekasi Utara.
E3 - Jl. KH Ahmad n º 8, Raya Setu Cibitung Tambun, Bekasi.
E4 - Jl. Cibarusah No. 168, Cikarang Square, Cikarang.
E5 - Jl. Banten No. 1, Karangpawitan, Karawang.
E6 - Jl. Ahmad Yani n º 108, Cikampek.
F1 - Jl. Jatiwaringin Raya, nº 18, Jacarta Timur.
F2 - Jl. Dewi Sartika n º 77, Cawang, Jakarta Timur.
F3 - Jl. SMA KAPIN No. 292 A, Kalimalang, Jacarta Timur.
F4 - Jl. Dewi Sartika No. 289, Cawang, Jakarta Timur.
G1 - Jl. Ciledug Raya No. 108, Cipulir, Jakarta Selatan.
G2 - Jl. Ciledug Raya No. 168, Ulujami, Jakarta Selatan.
G3 - Jl. Raden Fattah No. 70 A (Jombang Raya), Pd. Aren.
H1 - Jl. Merdeka No. 168, Bogor.
I1 - Jl. Sekolah Internasional No. 1-6, Antapani Bandung.
J1 - Jl. Tanuwijaya n º 4, Empang Sari, Tawang, Tasikmalaya.
K1 - Jl. Ringroad Barat, Ambarketawang, Gamping Sleman, Yogyakarta.
K2 - Hotel Inna Garuda, Jl. Malioboro No. 60, Yogyakarta.
K3 - Jl. Tentara Pelajar No. 158, Kledung Kradenan, Purworejo.
K4 - Jl. Letjend Sutoyo 43, Cengklik Solo.
K5 - Metro Square Blok B n º 18-19, Jl. Mayjen Bambang Soegeng, Mertoyudan, Magelang.
K6 - Jl. DR. Bunyamin No. 106, Purwokerto.
K7 - Jl. Sipelem n º 8, Tegal Barat.
K8 - Jl. Puri Anjasmoro Blok H5 / 39, Tawang Sari, Semarang.
Jl. Kamal Raya No. 18, Ring Road Barat, Cengkareng.
Kampus Forex.
Kampus Forex.
Apa Artinya Paling Liquid?
Belum Lagi Ada Laverange (Daya Ungkit)
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Jadi mana yang benar, ke dua-duanya benar. Banyak yang perda karena menganggap forex adalah judi. Tapi jika Anda bem-estar SORRIDOS de dia inteiro, Anda mungkin saja menjadi SÉRIE dalam arti mau BELAJAR, BELAJAR dan BELAJAR. Memulai bisnis apapun tanpa éjar saja dengan judi.
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Beli buku, um seminário com ikut sem juros $ 1.000. Lucro lucro koq sudah dimintai uang.
Gak usah klo ada yang gratis kenapa harus bayar. Saya mau sedik promosi ada corretor yang namanya foreximf. Corretor ini mempunyai komisi termurah & # 8230; Para que os membros da equipe de negócios possam participar, você pode enviar um e-mail para os estrangeiros, e também para o sistema de negociação e envio de e-mail.
Para falar com Jadi, assine Harus Bayar Berapa.
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Ketiga, para não só lique-se, mas também para assinar canal de kami, para mais informações sobre vídeo-video dicas e para fazer o mengenai trading secara GRATIS.
Keempat, bergabunglah dengan komunitas trader, untuk bertukar pengalaman e mendapatkan informasi terupdate mengenai kondisi pasar saat ini. Silahkan como fanpage kami untuk bergabung dengan komunitas negociação kami di: facebook / BelajarTradingUntukPemula /
Kelima, pergunakanlah analisa harian kami sebagai pertimbangan (segunda opinião), dalam membuka posisi trading Anda. Silahkan langganan analisa harian kami via e-mail secara GRATIS dengan mengisikan email Anda disini.
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INFORMAÇÕES SOBRE RECURSOS HUMANOS RECRUTAMENTO DALAM DAN POSICIONAMENTO PEGAWAI DI UNIVERSITAS BINA NUSANTARA.
INFORMAÇÕES SOBRE RECURSOS HUMANOS RECRUTAMENTO DALAM DAN POSICIONAMENTO PEGAWAI DI UNIVERSITAS BINA NUSANTARA.
Universitas Bina Nusantara.
Dalam era globalisasi saat ini, perkembangan penggunaan sistem informasi telah merambah ke berbagai bidang organisasi. Pada mulanya, penggunaan sistem informasi hanya sekedar para bagian pemasaran suatu organisasi karena adanya paradigma bahwa bagian terpente dari suatu organisasi adalah bagian pemasaran sebab dari sanalah suatu organisasi dapat bernafas untuk menghidupi segala keperluannya. Namun, ada sang hal yang tidak kalah pentingnya adalah sumba daya manusia (recursos humanos). Apa jadinya suatu organises tanpa adanya sumber daya manusia? Siapa yang menggerakkan organisasi tersebut? Tentunya kedua pertanyaan tersebut, sudah jelas dapat dijawab de dalam benak pembaca dengan sendirinya. O sistema de informações está disponível para você, mas você também pode encontrar informações sobre o produto que você está procurando e quais são as melhores opções de comida e bebidas do mundo inteiro. Sejalan dengan perkembangan bisnis suatu organisasi, kebutuhan akan adanya sumler daya manusia yang berkualitas menjadi semakin meningkat tajam. Kebutuhan inilah yang mendorong organisasi para mencari cara bagaimana upaya para memperoleh sumber daya manusia yang potensial e memiciki kualifikasi yang dibutuhkan oleh organisasi tersebut. Jawaban dari kebutuhan tersebut adalah terdapat pada adanya e-recruitment e bagaimana implementar penggunaan sistem informasi sumber daya manusia di dalam organisasi tersebut. Você pode usar o formulário de solicitação de ajuda para obter informações sobre o assunto para obter mais informações sobre o assunto. Você pode obter informações sobre como obter um e-mail com informações sobre posicionamento posi para você e sua equipe. Hal ini sesuai dengan filosofi “o homem certo no lugar certo”. Posicionamento de pegada em yang tepat em yila dapat mendorong karyawan untuk lebih produktif. Dalam ini, dibahaslah mengenai bagaimana perancangan sistem perekrutan dan penempatan karyawan di Università Bina Nusantara.
Kata kunci: posicionamento, recrutamento eletrónico.
Dalam suatu organises, posisi sumri daya manusia merupakan elemen yang paling penting dalam menentukan dibandingkan dengan peralatan peralatan mesin secanggih apapun yang ada. Você não está logado, nem o seu envio estático ou não, mas não há comentários sobre o que está procurando neste wiki, mas você não pode perder esta página. Você pode também ter acesso à sua pesquisa ao vivo como tanpa adanya manusia? Semeia-se, então, você vai ter uma sia-sia saja karena tidak dapat dioperasikan. Tentun dari ilustrasi tersebut, dapat dibayangkan betapa pentingnya suatu proses bisnis organisasi denan adanya dukungan sumber daya manusia di dalamnya.
Manjemen summer daya manusia sangat diperlukan dalam suatu organisasi karena dengan keberadaan manajemen tersebut diharapkan organismos dapat mengendalikan kegiatan suméria daya manusia (SDM) mulai dari tahapan perencanaan, perekrutan, seleksi, penempatan, pelatão, pengembangan sampai dengan pemberian kompensasi sebagai balas jasu yang telah diberikan oleh SDM tersebut.
Tugas, yang, diemban, ou, departement, sumário, daya, manusia, tidaklah, sedikit, dan, mudah Mungkin sekila saja, tugas departemen tersebut terlihat sepele dan pihak lainnya dalam organisasi bisa saja berpikir apakah penting dengan adanya departemen tersebut yang hanya merekrut karyawan saja? Escravos, tugas departamentos SDM ini merupakan yang terberat karen departemen inilien yang menentukan keberhasilan organisasi dalam mencapai visi, misi dan objektif yang telah dhtapuil melekuiuti, seleksi dan pelatihan bagi SDM penggerak organisasi tersebut ágar mampu mencapai kualifikasi yang kompeten dalam bidangnya. Você também pode baixar informações sobre este produto para obter mais informações sobre SDM dalam melaksanakan fungsi tersebut.
Universidad Bina Nusantara seba salah satu universitas yang berorientasi pada teknologi informasi dan mempunyai jumlah mahasiswa aktif yang tergolong besar, tentunya membutuhkan sejumlah besar tenaga kerja profesional, produktif dan setia dalam memberikan pelayanan yang berkualitas dan memenuhi kebutuhan daripada mahasiswa dan masyarakat yang terkait. Keinginan untuk memperoleh tenaga kerja yang dibutuhkan dapat diwujudkan denan adanya manajemen sumler daya manusia yang lebih baik yang didukung dengan adanya sistem informasi terhadap sumber daya manusia.
Sistem informasi dapat digunakan sebagai alat bantu untuk meningkatkan kualitas dari kegiatan SDM. Você pode entrar em contato conosco através do e-mail: Universidad Bina Nusantara dapat mendorong kinerja sistem di dalamnya menjadi lebih baik. Peningkatan kinerja tersebut pada akhirnya menjadi salah satu dari fator crítico de sucesso (CSF) atau faktor keberhasilan yang penting bagi Universidades Bina Nusantara itu sendiri.
Dengan adanya sistem informasi sumler daya manusia, diharapkan terjadinya efisiensi e efektifitas proses pengambilan keputusan dapat dilakukan secara tepat terutama bagi proses yang berkaitan dengan SDM. Salá, bentuk, dalam, pengambilan, keputusan adalah, keputusan yang, menentukan, penempatan, atau, posicionamento, pegando dalam posisi, yang, sedang, kosong, dengan, orang, yang, tepat, memiliki, kualifikasi, yang, terkait, dengan, posisi, tersebut
Você pode usar as seguintes informações e fotos de produtos de masing-masing pegawai. O que você acha que o que você está procurando é que você está procurando? Sebagai konsekuensi dari yang tidak maksimal adalah mendatangkan kerugian bagi organisasi tersebut serta terhambatnya keberhasilan dalam mencapai visi, misi dan objektif perusahaan tersebut.
Permasalah yang kerap kali terjadi e patut disoroti antara lain:
O que você acha melhor saber mais sobre o lugar que você deve ter? Media meios de comunicação de que que gostam, se você conhece alguém que seja homem ou mulher que ama a vida de uma mulher de Universia Bina Nusantara? Você gostaria de saber o que você acha que este livro não está habilitado para começar a escrever o que você deseja quando você está procurando por alguma coisa diferente sobre Universia Bina Nusantara?
Adapun batasan masalah dalam penulisan ini adalah sebagai berikut:
Penelitian ini difokuskan área de pina Bina Nusantara Adaptar media yang disoroti dalam penelitian ini antara lain adalah BinusCareer dan prototipe dari aplikasi sistem informasi sumber daya manusia Universitas Bina Nusantara Analisar a análise da situação geográfica e da teoria terhadap media yang disoroti.
Adapun tujuan dari penulisan jurnal ini antara lain:
Para exibir os dados desejados, digite um número de caracteres igual ou superior ao número de pontos de referência que pode ser copiado e encontrado no Universo da China. Memyliki kualifikasi untuk penempatan suatu posisi di Università Bina Nusantara.
A análise é feita a partir de um conjunto de peças de um espécime que pode ser encontrado em um conjunto de pedras preciosas e de um conjunto de pedras preciosas, como um conjunto de folhas de areia, e um pengalaman kerja (Leap, 1993, p11). Proses de análise de pepergência de dua buah dokumen yang meliputi deskripsi pekerjaan (descrição do cargo) dan spesifikasi pekerjaan (especificação do trabalho). Tanpa adanya analisis pekerjaan, tentunya akan mengalami kesulitan dalam mengevaluasi produktivitas para pegawai. Besardar análises de pekerjaan inilah, penempatan seorang pegawai pada suatu posisi dapat dilakukan. Você pode ter acesso à sua pesquisa ao lado de mapeamento (mapeamento), assim como a você pode ver o tamanho e a quantidade de imagens que você pode encontrar.
Descrição do trabalho / descrição do trabalho adalah declaração yang menjelaskan tugas, kondisi pekerjaan e wewenang dari masing-masing pekerjaan (Leap, 1993, p11). Spesifikasi pekerjaan menggambarkan kebutuhan pekerjaan dan kemampuan yang harus dimiliki oleh setiap pegawai seperti pengalmaan, pelatihan, pendidikan dan kondisi fisik maupun mental (Leap, 1993, p 140) Sedangkan untuk spesifikasi pekerjaan / especificação do trabalho menurut BusinessDictionary mermaid perdedora terhadap karakteristik pekerja dan kualifikasi yang diperlukan untuk definisi darin kinerja pekerjaan yang memuaskan dari tugas dan pekerjaan yang telah didefinisikan yang terdiri dari spesifikasi atau fungsi pekerjaan.
& # 8211; Recrutamento e seleção.
& # 8211; Treinamento e desenvolvimento.
& # 8211; Programas de compensação e avaliação de cargos.
& # 8211; Programa de saúde e segurança.
Gambar 1. Proses Analisis Pekerjaan (Leap, 1993, p138)
Perekrutan dan E-recrutamento.
Perekrutan adalah proses un men uukan dan kemampan un menuken para kandidat un menkadi pegawai (Werther, 1993, pág. 195). Perekrutan dapat bersumber dari interno maupun eksternal organisasi. O que significa que você deve usar o seu próprio organismo interno para promover o seu ataque interno, sedanear o seu eishternal dilailuk bila sumber dari interno às tuas vezes com o teu kriteria yang sesuai den spesifikasi pekerjaan. Perekrutan cara eksternal dapat dilakukan dengan menggunakan database inventory.
Recrutamento on-line pode ser usado para recrutamento e recrutamento, Armstrong, Meredak, Prós Menarik, Menyaring e outros por mar, e você pode encontrar um novo emprego.
Profesional de associações comerciais.
Propaganda de mídia impressa e eletrônica.
Serviço de funcionário público.
Agências de emprego privadas.
Empresas de busca de executivos.
Conselheiros de orientação vocacional.
Self-iniciado walk-ins e write-ins.
Bases de dados de computador.
Gambar 2. Metode Perekrutan Eksternal (Werther, 1993, p204)
Adapta-se a beber e-recrutamento dalam penempatan pegawai (Armstrong, 2006, p. 421) antara lain:
& # 8211; menghemat biaya perekrutan pegawai.
& # 8211; memungkinkan organisasi untuk memperoleh informasi yang lebih banyak mengenai pelamar pekerjaan tersebut.
& # 8211; seleksi secara on-line dapat dengan mudah dibuat standarisasi dan dinilai.
& # 8211; memberikan pilihan yang lebih banyak para beberapa fitur berikut ini:
Como você pode ver, por favor, copie e cole o seu livro para ver se há algum dia, você pode ver o que você está procurando, ou seja, se você preferir um lugar onde você pode encontrar uma nova maneira de lidar com a língua (Gouzali, 1996, p151). Proses para a coleta de dados do banco de dados de uma pessoa com um registro de banco de dados e um inventário de banco de dados de dados de masing masing pegawai e kawadat pegawai. Pemetaan ini hanya dapat dilakukan apabila banco de dados de inventário pegawai selalu dalam keadaan up-to-date.
Untuk penempatan pegawai interno dapat dilakukan dengan dua cara yaitu:
Promossi terjadi ketika seorang pegawai dipindahkan dari satu posisi ke pososi lainnya dengan pembayaran dan tanggung jawab yang lebih tinggi (Werther, 1993, p. 284). Promosi dapat dilakukan bila produktivitas seorang pegawai baik dan mencapai standar yang telah ditetapkan oleh organisasi tersebut. Para começar, você pode ver o que você está procurando e quais as condições que você precisa para encontrar o que você está procurando.
Ágar penilaian dirasakan efeitos líquidos, prometendo dar a dalam menutut adanya penggunaan anúncio de trabalho, catatan personil dan bank keterampilan. Postado originalmente em trabalho de emprego (em inglês), foi registrado em janeiro de 2004, e foi registrado em setembro de 1997, em inglês, penyelia, jadwal kerja (em inglês) e em inglês (Dessler, 1997, Jilid 1, p137).
Mutasi adalah perpindahan pegawai dari satu posisi ke posisi yang lain tanpa diikuti dengan kenaikan gaji atau tingkat (Dessler, 1997, p2). Mutasi, dapat, dilakukan atas dasar permiblan pribadi pegawai yang bersangkutan ataupun pemindahan yang dilakukan oleh organisasi yang ya direkai peruk unuuk mengosongkan posisi suatu jabatan. Jadi dapat disimpulkan bahwa mutasi merupakan perpindahan pegawai dalam mengis suatu posisi yang horizontal atau sejajar dengan posisi sebelumnya.
Ada beber alasan yang melatarbelakangi mengapa perlu dilakukan penilian kinjera 9Dessler, 1997, jilid 2, p2):
penny kinerja membro da equipe de informação e comentários do gajo pegawai membro da equipe de filmagem para ajudar você a fazer o download de um artigo relacionado a este item: perilaku yang berhubungan dengan kerja bawahan (downline)
O que você precisa saber sobre o que fazer em Pengembang, você se conecta de forma adequada e completa para obter a sua senha preferida.
Pada umumny, penilaian dilakukan dengan bantuan metode predeterminasi dan formal. Adaptar-se a um ciclo de vida de um juga digunakan adalah:
& # 8211; Metdoe peningkatan alternasi.
& # 8211; Metodo perbandingan berpasangan.
& # 8211; Metode distribusi paksa.
& # 8211; Metodo insiden kritis.
& # 8211; Perilaku berjangkarkan penilaian de Skala.
& # 8211; Metode manajemen berdasarkan sasaran (MBO)
Dalam melakukan penilaian, ada tiga langkah yang harus dilalui (Dessler, 1997, Jilid 2, p3):
& # 8211; memberikan feedback atau umpan balik.
Mendefinisikan pekerjaan berarti memastikan bahwa atasan dan bawahan sepakat tentang tugas-tugasnya e standar jabatan. Menilai kinerja berarti membandingkan kinerja aktual bawahan dengan standar-standar yang telah datarapkan mencakup beberapa jenis formulir penilaian kinerja. Pada umpan balik, kinerja e kemajuan pegawai bawahan akan dibahas.
Dari hasil penilaian dapat ditarik suatu kesimpulan, apakah seorang pegawai tersebut layak untuk dipromosikan atau dimutasikan. Você é um membro da comunidade membro da comunidade que se dedica à obtenção de novos produtos e serviços.
Gambar 3. Tabel kelebihan dan kekurangan yang penting dari alat penilian (Dessler, 1997, Jilid 2, p22)
Prototipe merupakan modelo yang mengambarkan sistem secara menyeluruh (Whitten, 1989, p. 414). Dalam pelaksanaannya, prototipp terbagi menjadi dua jenis yaitu rapid sm sistem (Whitten, 1989, p. 233). Penggunaan prototipar dalam desain sistem penempatan pegawai di Università Bina Nusantara didasarkan pada beberapa hal berikut ini:
& # 8211; menghindari kemungkinan besarnya perubahan sistem.
& # 8211; memudahkan user to mengerti tentang sistem yang akan dibuat.
& # 8211; memberikan gambaran secara lengkap tentang sistem yang akan dibuat.
Diagrama Aliran Data / Data Flow.
O diagrama de dados deve ser compilado para um modelo de análise genético (Hawryzkiewycz, 1991, p78). Simbol yang dapat digunakan dalam mengmbarkan kerja sistem melalui DFD adalah proses, armazenamento de dados, aliran data dan eksternal entitas.
Adaptar-se a um grupo de alasan mengapa DFD digunakan dalam penulisan jurnal ini antara lain:
& # 8211; Terdapat adanya kaitan antara sistem dengan subsistem sehingga lebih mudah dimengerti dengan adanya penggunaan DFD.
& # 8211; Termos de Uso Usuário anterior Você pode baixar ou alterar os itens do menjadi lebih mudah.
Diagrama Hubungan Entitas / Entity Relationship Diagram (ERD)
Diagrama do diagrama central da língua inglesa para o digang a mengmbangan hubungan antara masing-masing entitas di dalamnya (Martin, 1990, Vol2.161). Dalam jurnal ini, entitas yang digambarkan adalah entitas yang berkaitan dengan sistem sumba daya manusia terutama dalam posicionamento karyawan. O processo de tradução de palavras cruzadas é da autoria da língua inglesa, da mesma forma que os dados são da ordem do dia e os dados são armazenados na base de dados.
PEREKRUTAN PEGAWAI UNIVERSITAS BINA NUSANTARA.
Perekrutan pegawai di Universitas Bina Nusantara adicionou uma nova foto em sua mídia, traduzido e traduzido em aprender inglês como a melhor meliputi:
Penggunaan melalui media elektronik dalam hal ini menggunakan layanan internet yang dapat diakses di manapun dan kapan saja oleh user.
Penggunaan media não-elektronik dalam hali adalah penggunaan media cetak. Salah satu bentuk reali dari media teta tersebut adalah pengumuman perekrutan pegawai yang disebarkan melalui leaflet (selebaran) yang ditempel di papan pengumuman di bagian depan ruangan perkuliahan. Adapun do penyebaran brosul di daerah kampus merupakan salah satu bentuk ekspektasi dari pihaka Universidades Bina Nusantara Para ter uma pegada na terra natal, visite o nosso site Universitas Bina Nusantara.
Perekrutan Menggunakan Media Elektronik.
Penggunaan perekrutan melalui media elektronik yaitu menggunakan akses internet berupa adanya:
& # 8211; perekrutan melalui BinusCareer.
Perekrutan melalui BinusCareer memiliki escopo yang lebih luas karena perekrutan tidak hanya untuk pegawai untuk kepentingan Universidades Bina Nusantara, tetapi juga membro do grupo de alunos recém-licenciados dan Universidades Bina Nusantara serata emmar kerja yang meregistrasikan site de dirinya dalam tersebut, Dalam hal ini, BinusCareer dapat dikatakan sebagai portal perekrutan pegawai karena menjalin kerja sama dengan berbagai perusahaan terkait para veres o dia todo yang dibutuhkan termasuk di dalamnya menyalurkan sumber daya yang dibutuhkan oleh Universitas Bina Nusantara.
Podem ser pegadas no recrutamento e recrutamento de pessoas (jogo) antara peminatan (posições desejadas) yang kemudian akan dimasukkan ke dalam base de dados recursos humanos yang kemudian classificação atau diseleksi e dipilah-pilah terlebih dahulu. Requerentes de dados (pelamar kerja) akan disimpan di suatu data store yang kemudian dados tersebut akan dicocokkan dengan database requisitos de recursos humanos e posições. Apicultura para um membro do grupo de funcionários de 80% a 100%, com a ajuda de um grupo de parceiros de emprego e de um grupo de trabalho através do telepon ataupun email sebagai bentuk konfirmasi. Sedangkan untuk fitur-fitur yang terdapat juga mencakup sebagai berikut: minha página, minha conta & amp; currículo, posições desejadas, correspondências de emprego, pedidos enviados, convites recebidos, área de transferência, contratação do campus. Jadi sudah submarino aplaina e-recrutamento e-recrutamento em uma lista de casos de penúltimo lugar, e você pode ter um emprego em penúltimo lugar onde você pode entrar em contato conosco.
Adicionar 4. Aplikasi BinusCareer berbasis web untuk perekrutan pegawai.
Tampilan trabalho hasil jogo yang sesuai dengan keinginan.
pelamar dan permintaan SDM organisasi.
Fitur-fitur e-recruitment untuk pelamar pekerjaan.
Clique aqui para obter uma cotação do e-recruitment bagi pelamar pekerjaan.
Menurut Torres et al, proses perekrutan pegawai di dalam departement ADP (Polícia de Abu Dhabi) menggunakan media internet dapat digambarkan menggunakan diagrama dados da diy bawah ini yang dapat juga dianalogikan sebagai perekrutan pegawai di Università Bina Nusantara yang melalui serangkian tahapan seleksi sesuai dengan persyaratan yang ditetapkan Por favor, note-se que há um agravo na Ásia e na Ásia e no mundo inteiro, se você tiver um encontro com a população local e a equipe de negócios local.
Quem somos 6. Aliran proses data dalam e-recruitment di ADP (Polícia de Abu Dhabi)
& # 8211; perekrutan melalui aplikasi online.
Perekrutan menggunakan aplikasi on-line yang dapat dilihat pada lecturervacancy. binus. ac. id/ merupakan aplikasi yang berbasis teia yang digunakan unuk mukkutut pegawai dalam bidang pendidikan sebagai tenaga pengajar di Universita Bina Nusantara sebagai Dosen. Aplikasi ini digunakan untuk memudahkan e memungkinkan untuk memperoleh calon dosen yang berkualitas dengan memperoleh sebanyak-banyaknya pelamar pekerjaan tersebut untuk tahap selanjutnya diseleksi.
Tampilan di bawah ini dapat dilihat baha pengiklanan lowongan pekerjaan pada posisi yang diperlukan dilakukan tanpa peregrina menghabiskan biaya iklan bila dibandingkan dengan mengiklankan melalui mídia cetak lainnya. Sedangkan untuk waktu penerimaan persyaratan yang diminta dapat langsung diterima secara on-line dan perekrutan pegawai dapat berjalan dengan efektif dan efiien dari segi biaya, kualitas dan waktu yang dikeluarkan. Você também pode gostar de se divertir, mas você pode gostar mais de 200 milhões de dólares por tahun sedangkan em outros lugares, se você tem mais de 20 anos de idade em 20 de outubro de 2015 em todas as cidades do mundo em Bha Nusantara.
Clique aqui para obter as melhores adaptações. Clique na lista para ver uma nova foto do Beno Nusantara.
ANÁLISE KEADAAN SDM UNIVERSITAS BINA NUSANTARA.
Dari hasil has a has been an error as the software has been produced in an error occurred: All Rights Reserved negotiation Status do relatório: pela primeira vez, na empresa Bina Nusantara antara lain:
& # 8211; latar belakang pendidikan.
& # 8211; lulus terhadap tes seleksi.
Dari hasil pengumpulan dados diperoleh hingga saat ini, jumlah pegawai yang tersebar dalam berbagai divisi sekitar kurang lebih 10.000 pegawai dalam berbagai tingkatan manajemen e jenjang pendidikan. Para visualizar a página de fotos, clique aqui e clique para ampliar pada tabel di bawah ini.
Gambar 8. Equipe de funcionários do Tabel distribus Universitas Bina Nusantara berdasarkan posisi dan tingkatan manajemen (Widjaja, 1999, p28-29)
Dari hasil survei juga ditemukan bahwa sampai saat ini Universitas Bina Nusantara telah memiliki sistem informas manajemen sumler daya manusia seiring meningkatnya kebutuhan akan manajemen sumber daya manusia:
& # 8211; pelatão dan pengembangan.
& # 8211; dados do pemutakhiran pegawai.
Para jogar o protótipo sistema pada informações sobre recursos humanos sistema dapat dilihat pada aliran dados sebagai berikut ini. Dapat dildo bahwa entitas yang terlibat dalam penempatan sumber daya manusia di Universidad Bina Nusantara antara lain meliputi pekerja, pihak manajemen, kandidat pegawai, dan manajer departemen sumber daya manusia.
Noções básicas sobre como diagrama diagrama de sistema de controle de acesso de dados não é compatível com o que há de errado em termos de organização, mas também de especialistas em finanças. Dari kebijakan tersebut, sistem akan membro hasil berupa perekrutan ataupun penempatan tenaga kerja baru dan perubahan-perubahan yang disesuaikan dengan kebutuhan organisasi tersebut. Sedangkan dari pihak kandidat yang meridiano calon pelamar dapat mulai mengajukan suratlamaran yang akan dimasukkan ke dalam sistem dan in a sistem yang berjalan adalah sistem on-line berbasis teia yang memungkinkan pemutakhiran base de dados sumber daya manusia. Surat tersebut akan diproses dengan menggunakan sistem matching apakah sesuai dengan requisito yang dibutuhkan. Apalpara, você pode tomar as seguintes medidas em outros locais: Se você busca outras pessoas, você pode se cadastrar no site do Diberikan surat penolakan. Dari pihak pegawai, dapat saja mengalami perubahan identita seperti perubahan alamat dan data diri lainnya, ataupun perubahan keterampilan yang dimiliki yang akan menjadi entrada bagi sistem tersebut. Sistem akan memberikan output kepada pekerja dengan adanya job posting. Manajer departemen SDM merupakan kepala lini dari departemen tersebut akan melakukan evaluasi terhadap kinerja dan mengubah elemen analisis pekerjaan. Termos de pesquisa Termos de Uso | Contate-se para curtir a mania do dia, mania da maquiadora da mema de canibal permedaannya terhadap pegawai baru. Você também pode querer saber se você está interessado na informação.
Gambar 9. Diagrama Hubungan Sistem Penempatan Pegawai.
Pentingnya informas terhadap sumber daya manusia dalam perekrutan dan penempatan karyawan terasa begitu nyata ketika suatu organisasi mulai menyadari pentingnya sumber daya manusia sebagai penggerak organisasi dan shan faktor utama pendukung keberhasilan organisasi tersebut.
Manajemen sumler daya manusia membutuhkan informasi yang akurat, mutakhir, dan cepat dalam melakukan kegiatan sumba daya manusia Informações sobre a matéria-prima da Patologia do Diperoleh podem ser armazenadas no dia-a-dia. Salah satu bentuknya terdapat pada aplikasi e-recruitment yang saat ini sudah banyak digunakan oleh berbagai organisasi. Informações úteis sobre o dia a dia da Manusaria harus dikembangkan seing dengan meningkatnya kebutuhan organisasi akan sumber daya manusia yang berkualitas dengan melakukan perubahan yang menjawab kebutuhan dan menambahkan fitur-fitur yang diperlukan Para visualizar as informações do email a partir de tepat waktu, maka diperlukan pemahaman terhadap aliran data yang terdapat pada sistem perekrutan e penempatan sumber daya manusia.
Coronas, Theresa Thores e Aliva, Mario Arias, 2008, Encyclopedia of Human Resource Information System: Desafios na E-HRM, Pensilvânia: Idea Group Inc.
Dessert, Gary, 1997, Manaman Sumber Daya Manusia, Edison ke-7, Jilid 1 dan 2, Jakarta: PT. Prenhallindo.
Handoko, T. Hani, 1987, Manajemen Personalia e Sumber Daya Manusia, Yogyakarta: Liberdade.
Hawryszkiewycs, LT, 1991, Introdução à Análise e Design de Sistemas, Austrália: Prentice - Hall.
Martin, James, 1990, Engenharia da Informação, Livro II, Singapura: Prentice Hall International.
Pour, Mehdie Koshrow, 2006, Tendências Emergentes e Desafios na Gestão da Tecnologia da Informação, Pensilvânia; Idea Group Inc.
Walker, James W., 1992, Estratégia de Recursos Humanos, Singapura: McGraw - Hill.
Werther, William B., Jr. e Davis, Keith, 1993, Recursos Humanos e Gestão de Pessoal, Singapura: McGraw - Hill.
Whitten, Jeffrey L., 1989, Análise de Sistemas e Métodos de Design, Segunda Edição, Boston: Irwin.
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Mais informações sobre preços de ações. Fizemos todos os esforços para manter nosso site livre de jargões, mas percebemos que algumas expressões podem precisar de mais explicações. Este glossário destina-se a ajudá-lo a entender alguns dos termos usados nos negócios de seguros, investimentos e serviços financeiros. Um pagamento extra feito sob uma apólice de seguro de vida se a morte for causada por um acidente.
O valor adicional é geralmente igual ao valor de face da política. Também conhecida como "dupla indenização". The increase in value of an asset over a period of time in a predictable or pre-determined way. The opposite of amortisation. Achieved profit is designed to recognise profit as it is earned over the lifetime of an insurance policy.
Achieved profit is made up of operating profit plus investment variances, changes in economic assumptions and any exceptional items. It reflects the current value of in-force business and the net worth of long-term savings operations, adjusted for dividends paid out or capital reinvested. See also embedded value. A style of investment management where the fund manger seeks to improve returns or reduce costs by using their expertise to choose which stocks or bonds to buy and sell. The opposite of passive management, where the manager aims to match the performance of a market or index by replicating the composition of that market or index in their fund.
Someone who uses applied mathematics in particular, probability to provide solutions to insurance-related problems. Actuarial techniques are used to design new insurance products and to assess the profitability of new and existing business. Running a company in a way that seeks to increase the value of each shareholder's stake in the business. An estimate of future profits that will emerge over the remaining term of all existing life and pensions policies for which premiums are being paid or have been paid at the balance sheet date.
Extra contributions paid by a member of an occupational pension scheme to provide benefits in retirement, in addition to the main scheme benefits. Buying and selling securities after the official close of business on the trading floor of a stock exchange. Such transactions were once reserved for institutional investors, but now private investors may also take part.
Stocks are traded after hours on computer systems that match buyers and sellers to carry out the deals. Stockbrokers who go into the stock market on behalf of clients to obtain the best possible price for the sale or purchase of shares.
An individual or firm authorised to carry out transactions on behalf of another, such as the sale of insurance policies. Agents usually earn commission or a fee on the sale of a policy. They may be tied to a particular company and offer a limited selection of products.
Launched by the London Stock Exchange in as a market for smaller, growing companies not big enough to enter the Stock Exchange Official List the main market. A negotiable instrument issued by a Depositary Bank that evidences ownership of shares in a corporation organised outside of the US. Each ADR represents a specific number of underlying ordinary shares in a Non-US company on deposit with a custodian in the applicable home market.
ADRs are quoted and traded in US dollars on the US securities market and dividends are paid to holders in US dollars. Evidenced by an American Depositary Receipt ADRADSs represent ordinary shares on deposit in the United Kingdom. An ADS share gives registered holders the right to receive dividends in US dollars, attend shareholders meetings and vote on important matters.
An accountancy term usually used to describe the systematic reduction in value of an intangible asset due to its use over time. If something is amortised, it is written off. If the cause is not solely related to time, the effect is described as depreciation. Someone with expertise in researching stock markets, companies and financial investments who will analyse and interpret the results of that research to make recommendations to institutional and retail investors to buy, sell or hold their investments in stocks and shares.
Most analysts specialise in a single industry or business sector. See also buy-side analyst and sell-side analyst. A meeting of shareholders that must be held once a year to approve the report and accounts and the final dividend per share, and to vote on any motions such as the re-election of directors.
The true rate of interest paid on a loan. This is expressed as a yearly rate, although in practice is usually paid monthly.
A method for calculating levels of life, pensions and investment new business levels, to smooth out the effect of large, one-off payments. For the time being, Aviva will report life and pensions new business using both APE and present value of new business premiums. A document issued once a year by a company to report its financial position. Publicly quoted companies are required to issue an annual report to all shareholders.
Another word for "pension". An annuity is a regular payment from an insurance company designed to give the policyholder an income for life after retirement.
It is paid for by a lump sum saved during the policyholder's working lifetime. Annuity rates are based on yields on gilt-edged securities at the time of purchase. On death, any remaining investments usually become the property of the annuity provider. A technique used by investors to make a profit from small price or yield variations in different markets. It involves buying securities or products at a given price in one country, currency or market and selling in another at a higher price.
Someone who practises arbitrage is an arbitrageur. Anything of value owned by a business that can be set against its liabilities. Assets are usually divided into four types: The process of dividing investments among different kinds of securities, such as stocks, bonds, property and cash.
The choices made reflect investment aims and attitude to risk. All the assets — shares, bonds, property, cash — managed by a company, including funds held on behalf of third parties. A term sometimes used instead of "insurance", generally in connection with life business, since assurance implies the certainty of an event such as death and insurance only the probability. A country's net financial transactions with other countries showing the balance of imports versus exports.
A statement showing the financial position of a business on a specific date by listing its assets what it owns and its liabilities the claims on its assets, or what it owes. The UK's central bankfounded in and based in London's Threadneedle Street since Nationalised ingained operational independence in Its key responsibilities are delivering monetary stability and price stability.
As part of this role it sets the official interest rate. It is also now responsible for regulation of financial services.
A condition where a person or company that cannot meet their financial commitments are declared insolvent by a court. After surrendering all their assets to a court-appointed trustee, they are no longer expected to pay their debts. The stock market term for a share sale or purchase.
It does not necessarily mean that the deal was done at a favourable price. These are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. A basic rate of interest set by the Bank of England which determines the cost of borrowing money in the UK.
Commercial banks use it as a reference point when calculating their own lending charges, mortgage rates and interest on savings accounts. See also discount rate. This is a commonly used term in financial services for making financial calculations. An investor who expects share prices to fall or, more generally, has a pessimistic outlook about the market.
A bear market is a period of falling share prices. Typically a stock market index for example, the FTSE index against which an investment fund compares its performance and mix of assets. A person, organisation or estate that receives, or may become eligible to receive, benefits from a will, insurance policy, retirement plan or other contract.
The difference between the buying price bid and the selling price offer of units in an investment. The mid-price is the middle point between the two and is often the price quoted in newspapers. Deregulation of the London Stock Exchange which took place on 27 October Led to a complete alteration in the structure of the market and introduced an automated price quotation system.
The changes ended fixed commission charges, allowed institutions such as banks and insurance companies to own stock exchange subsidiaries, and abolished the separation between "brokers" and "jobbers". Before Big Bang, markets were "made" by jobbers, who bought and sold shares on request only with agency brokers - stockbrokers who go into the market on behalf of clients to obtain the best possible price for the sale or purchase of shares.
In the UK, a name traditionally used to describe the four largest high street banks: HSBC, Lloyds, Barclays and Royal Bank of Scotland. Financial turmoil and changes of ownership since have made the term increasingly obsolete. In Japan, the term was used for the largest securities houses: Daiwa, Nikko, Nomura and Yamaichi.
There are two Black Mondays in stock market history. It was the trigger for Black Tuesday and the Great Crashwhich heralded the start of the Great Depression. Other major stock markets also fell heavily. On Tuesday 29 October, a record Black Tuesday is sometimes taken as the point where the Great Depression started. Wednesday 16 September, the date on which the UK withdrew from the European exchange rate mechanism ERM.
A description applied to the biggest and most highly regarded companies quoted on the stock market. Shares in such companies are usually considered a reliable and profitable investment. Decision-making body legally responsible for overseeing the management of a company. In a listed company the directors are elected by the shareholders. Executive directors are usually employees responsible for managing the day-to-day business. Non-executive directors are independent outsiders not on the company payroll and normally carry out their duties on a part-time basis.
A bond is technically a certificate of debt exchanged in return for a loan from an investor. They are issued by governments, companies, banks, public utilities and other large organisations to raise funds.
Bonds often have a fixed rate of interest with a predetermined repayment date, and are sometimes known as fixed interest securities. They are generally regarded as lower risk than equity-based investments. The rate of return on a with-profit policy set by an insurance company's actuary. The rate may vary from year to year. Recording of a company's financial transactions. The two most common bookkeeping methods are single entry and double entry.
The main organiser of a new security or bond issue, usually an investment firm, bank or broker. Tasks include inviting subscribers, co-ordinating the allocations and maintaining the book of securities. Also known as the lead manager or sponsor.
An investment strategy in which companies are considered on their own merit, without regard for industry trends or economic conditions. This approach entails examination of a company's management, business model, growth prospects, history and other characteristics. Bottom-up investors believe that some companies will outperform their peer group regardless of industry and economic circumstances.
Opposite of top down. A combination of name, symbol, design, reputation and other features used to distinguish one company or product from its rivals. Usually brand names and logos are registered trademarked with a regulatory authority. Brands are regarded as important factors in establishing a presence in a market and creating a relationship with customers. An international conference held in New Hampshire, USA, in which resulted in the establishment of the International Monetary Fund and the World Bank.
An individual or firm that acts as an intermediary between a buyer and seller, usually charging commission or a fee. Insurance brokers arrange cover on behalf of their clients and represent the interests of the policyholder. UK savings organisation that specialises in lending money to people for buying houses. See also savings and loan. An investor who expects share prices to rise or, more generally, has an optimistic outlook.
A bull market is a period of rising share prices. The opposite of bear. Term used to describe a place on a website where private investors post comments and ask questions.
Also known as a "message board" or "investors' forum". Gold, silver, platinum or palladium, in the form of bars or ingots. Some central banks use bullion to settle international debt, and some investors buy bullion as a protection against inflation. The central bank of Germany, based in Frankfurt, and an integral part of the European system of central banks.
Its primary objective is to maintain price stability, ensure the orderly execution of domestic and cross-border payments, and contribute to the stability of banking systems. Companies with spare cash to invest can offer to buy back shares from shareholders, effectively investing in themselves.
A financial analyst, typically employed by one of the larger money management firms that purchases securities on its own account rather than for clients.
The way in which a company finances itself, including issuing shares, long-term borrowings and retained earnings. A business or product that generates a steady, reliable flow of profitable income - supposedly like milking a cow.
A cash cow is a valuable part of a diversified company because it can produce the money needed to finance other areas of the organisation. Cash paid by our businesses to Group typically in the form of dividends. Not to be confused with the IFRS measure of cash flow as reported in the Annual Report and Accounts. Cover for specified disastrous events, such as hurricanes, hailstorms, earthquakes, fires and floods, that can potentially cause severe losses to large numbers of people or businesses.
A term used in connection with individual savings accounts Isas to show whether a product meets UK government benchmarks for reasonable charges, easy access and fair terms. The major regulatory bank in a country, usually controlled by the government.
Its role can include setting interest rates, note issue, supervision of commercial banks, management of exchange reserves and the national currency's value, as well as acting as the government banker. Examples include the Bank of Englandthe Deutsche Bundesbank, the European Central Bankand the Federal Reserve in the US.
Abbreviation for chief executive officer. The CEO is the head of a company and oversees strategic planning and operational activities. Abbreviation for chief financial officer.
The CFO is responsible for a company's accounting and financial activities, and usually reports to the chief executive officer. An illegal practice whereby a sales agent persuades a client to cash in an insurance policy after a short time and replace it with another, thereby earning commission on the new policy. Notification to an insurance company of a call by a policyholder to the benefits due under the terms of an insurance policy or scheme.
Expenses incurred while investigating and settling an insurance claim, over and above the cost of the claim itself. Can include legal and other professional fees. Also known as loss adjustment expenses. The total of all claims sustained during an accounting period, whether paid or not. Also known as losses incurred. Claims incurred, adjusted for any reinsurance, expressed as a percentage of net premiums earned.
Sometimes referred to as loss ratio. A CDO is a financial product that brings together assets into a collective arrangement known as an asset pool. These assets provide a cash flow that is passed on to the investor. It is called a debt obligation because the assets in the pool are debt obligations such as bonds and loans as well as different types of mortgages.
These provide collateral or in other words can be used as a way to reduce the risk of investment by there being an asset or obligation to protect the investor e. CDOs pay a coupon like a bond to investors and typically the CDO is structured into tranches which are layers of different risk that are sold to investors.
The tranches with the highest risk junior tranches give the highest returns, but are also most likely to penalise the investor if the pool of assets begins to default.
The lower risk tranches senior tranches get smaller coupons but equally are only affected when the best quality assets in the pool start defaulting which is less likely. A financial measure of insurance underwriting profitability that expresses the total of claim costs, commission and expenses as a percentage of premiums. Payment made to a salesman, agent or other intermediary, normally in return for selling an insurance or investment policy.
A business organisation which has a separate legal existence from its owners. Such a company, or corporation, may be "incorporated", giving it the right to own assets and behave as if it were a person. If the owners have limited liabilityit is known as a limited company. If it is listed on a stock exchange, shares in it may be bought and sold by the public.
If ownership is restricted, it is usually known as a private company. The requirement to operate in accordance with statutory or regulatory guidelines. In the financial services industry, the most important compliance rules come from the Prudential Regulation Authority and the Financial Conduct Authority PRA and FCA in the UK and the Securities and Exchange Commission in the US. Most financial services companies have compliance teams whose role is to ensure that the company follows all the necessary rules and regulations.
An indicator of inflation that measures the percentage change in the cost of a representative "basket" of products and services bought by the average household. Sometimes known as the cost of living index. See harmonised index of consumer prices. Refers to an arrangement in the UK where people contribute to the state earnings-related pension scheme Serps by paying the full rate of national insurance.
Describes an employee or employer in the UK who chooses to make alternative pension provision in a personal or company plan rather than using the state earnings-related pension scheme Serps. A security paying a fixed rate of interest issued by a company, and convertible at certain times and under certain conditions into shares in that company.
A term used to describe the way in which rights and responsibilities are shared in the business world. In particular, how companies are managed, including the structure of boards, the duties of directors, executive remuneration, and how and when important information is shared with the market.
Standards may be set by statutory bodies, self-regulation and codes of best practice. A term used to describe how companies measure up to standards of business conduct and deal with issues such as sustainability, environmental management, human rights, relations with local communities, customers, suppliers, employees and health and safety at work. Also known as corporate social responsibility CSRcorporate citizenship, responsible business and corporate social performance.
A sudden collapse in the market price of stocks and shares, currencies or commodities. Credit is the ability often legally captured in a contract that allows a person or business to obtain a good or service now with a promise to pay for that good or service at a later date.
A tradable financial instrument which insures against payment default. The buyer of a credit default swap pays a premium for effectively insuring against a debt payment default.
A measure of the ability of an individual, organisation or country to repay debt. The highest rating is normally AAA, and the lowest D. These are normally issued by a credit rating agency or credit bureau. The difference in the yield between two bonds of similar maturity but different credit quality.
The Swedish bond would be offering a credit spread of basis points. A method used by governments to limit the amount of credit or the amount of borrowing in the economy, designed to reduce inflation by controlling growth in the money supply. One example is an increase in interest rates.
Centralised settlement system for securities traded on the London Stock Exchange. You can choose to hold your money in notes and coins or as an electronic record in a bank account.
Similarly, you can hold your stocks and shares in an electronic account in Crest rather than in physical form with certificates. A life insurance policy with the benefits payable on diagnosis of one of a number of specified medical conditions. When funds are invested in overseas currencies or stock markets, the value of the investment can go up and down in line with movements in currency exchange rates.
This risk is an extra factor for investors to consider. Death of a member of a company pension scheme before their retirement date, while still employed by the company. A fixed interest security issued by a company or government agency, usually secured on its assets, with a long-term redemption repayment date between 10 and 40 years ahead.
If a company goes bust, debenture stockholders are first in line to be repaid before the other stockholders and shareholders. An annuity or pension due to be paid from a future date or when the policyholder reaches a specified age. A deferred annuity may be funded by the policyholder by payment of a series of regular contributions or by a capital sum. A pension scheme that set out the benefits payable to members irrespective of any contributions paid or investment gains made.
An example is a final salary pension schemewhere payments are calculated as a proportion of the member's earnings at or near the date of retirement. A pension plan where the benefits depend on the amount and frequency of contributions paid into the scheme, the investment gain on those contributions, and annuity rates at the time of retirement. The exact amount of pension will not be known until retirement. Also known as a money purchase scheme. A general fall in price levels.
Often caused by a reduction in the supply of money or credit, or by a reduction in spending by government or consumers. A fall in the price of one particular type of good is not deflation.
The process by which a mutual organisation owned by its members, such as a building society or insurance company, converts to a public limited company owned by its shareholders. For example, Norwich Union demutualised and floated on the London Stock Exchange in A person who depends upon another for financial support. A child is normally a dependant at least until reaching the age of UK regulatory change in the long-term savings market by which financial advisers have greater freedom to sell products from a wider choice of suppliers.
A bank that holds American depositary shares and sells them to US investors. Four major commercial banks provide depositary bank services in the US: JPMorgan, Citibank, Deutsche Bank and the Bank of New York Mellon.
Reduction in the worth of an asset in a company's accounts to reflect its loss of value through age and use. A period during which business activity drops significantly. High unemployment rates and deflation often accompany a depression. The instrument could be an asset such as equity or commodity prices, could be a financial variable such as interest rates or a non-financial variable such as temperature or the price of orange juice. Fixed or variable amounts collected automatically from a bank account for premiums, investment contributions and other regular payments.
When the market price of a newly issued share is lower than its issue price it is said to be trading at a discount. The opposite of premium. The rate at which the US Federal Reserve will lend short-term funds. The bank rates of most countries are known as the discount rate. In the UK it is known as the base rate. For an investor, a method of reducing exposure to risk by investing in a range of sectors and financial products. For an insurer, it involves offsetting or counterbalancing risks across business lines, geographies, etc.
This can free up some of the capital reserves that would otherwise be necessary to cover the insurer's individual commitments. An amount based on a company's profits paid out to shareholders for each share they hold. Usually paid as cash, but they can also take the form of stock or other property. UK dividends are usually paid twice a year: US dividends are paid quarterly.
An accounting technique that records each transaction as both a credit and a debit. The credit entries show the source of the financing, and the debit entries represent the use of that finance. Since each credit has one or more corresponding debits and vice versadouble-entry bookkeeping always results in a set of "balanced ledger" accounts. The Dow Jones Industrial Average index covers 30 of the biggest blue chip stocks quoted on the New York Stock Exchange.
Established init is the oldest and most widely quoted of US stock market indicators. The withdrawal of money from an account or fund established for a specific purpose. A type of auction where the asking price of an item is gradually lowered until the first bid is made. The item is sold to the first bidder at that price. The name comes from 17th century flower auctions in the Netherlands.
Stopping work and beginning to draw a pension before normal retirement date. An early retirement pension is usually lower than the pension payable at normal retirement date because it is expected to be paid for longer.
Premium payments received by an insurer for cover provided during the current accounting period. Premiums received for future insurance coverage are known as unearned premiums. Another word for profit. Broadly calculated as revenues minus costs, operating expenses and taxes, minority interests, extraordinary items and dividends on preference stock.
Companies often use a weighted average of shares outstanding over the reporting term. Alignment of economic and monetary systems among European Union member countries to enable the introduction of a single currency, the euro.
The assets that a company needs to ensure that its realistic balance sheet stays solvent, over a certain period of time. A financial performance measure used to evaluate a company's true profit and the creation of wealth for shareholders. The reduction in cost per unit that results from increased production, achieved through operational efficiencies. A way of measuring the current value of future profits. Embedded value represents the total of the profits expected to emerge in the future and the net assets already invested in the business.
See also European embedded value. Developing economies such as those in Latin America and Asia that do not have a long history of equity investment and stable, reliable returns. Speculative investors prepared to accept a higher level of risk see such markets as having attractive potential for rapid growth.
See also mature markets. A policy combining life assurance and investment under which the sum assured is paid at a pre-agreed date, or on the death of the policyholder if earlier. A common use for this type of policy is the repayment of a mortgage loan. Another word for " share ". Funds that invest in companies that are environmentally friendly or are not connected with the tobacco, alcohol or arms industries.
The European Union's single currency. Introduced in and went into general circulation on 1 January in 12 out of 15 member countries of the EU as part of economic and monetary union. These countries form the eurozone. This is an international bond that is issued and traded outside the country of the bonds currency denomination. A short-term promissory note issued by borrowers to support a debt, generally with a maturity period of three or six months, and negotiable like a certificate of deposit.
A promissory note is an unconditional undertaking made by the borrower to pay a certain sum on demand or at a fixed date in the future.
Bank which sets monetary policy for the eurozone. Founded in and based in Frankfurt, Germany. Embedded value is a way of measuring the current value to shareholders of the future profits from a life and pensions business.
EEV was launched in May by the CFO Forum which represents chief financial officers of the biggest European insurers as an improvement on the achieved profit method used to calculate embedded value results. EEV reports the value of business written based on a set of realistic assumptions, allowing for the impact of uncertainty in future investment returns, and so is designed to provide a more accurate reflection of the performance of long-term savings business.
The collective name for the European-wide financial services regulators — the European Banking Authority, European Insurance and Occupational Pensions Authority.
Established inprovides oversight of risks to the financial system of the European Union. Economic association of 25 European countries aiming to create a single free-trade market for products and services across national borders. Fifteen existing members - Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and the UK - were joined by another 10 states in May Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia.
See also economic and monetary union. A transaction shown in a company's profit and loss account that is not expected to happen again. The rate at which one currency may be converted into another. Often quoted as an indicator of the relative strength of a currency or the attractiveness of the market in which it is used. Forerunner of the European Union's single currency, the euro, by which member countries committed to maintain the value of their currencies within agreed limits in relation to other currencies.
These are investment funds that are listed can be traded on stock exchanges. They are bought and sold during any given trading day. The ex-dividend date is the time when the registrar of a company draws up the list of shareholders who qualify for a dividend payment. To receive the dividend you must hold a share before it goes ex-dividend. For a period before the dividend is paid, usually about six weeks, the share price is quoted as "ex-dividend" or "xd".
If you sell your shares in this period you will still be entitled to the dividend payment, but the buyer will not. Where a customer has either received no financial advice, or has received financial advice but has decided to ignore it, and wishes to take out a policy on their own instruction.
Expenses associated with running an insurance business, such as commission, professional fees and other administrative costs, expressed as a percentage of premiums. Also the annual operating costs of an investment fund, expressed as a percentage of assets. Showing or accounting for the value of share options, distributed as incentives to employees, within the profit and loss account of a business. Regarded by some as a way of improving transparency and accountability.
A meeting of shareholders, called to seek their approval for exceptional action on the part of the company or affecting their interest as shareholders. It must be explained in the quarterly or annual report. The price that a reasonable buyer would be willing to pay and a reasonable seller would be willing to accept for a product on the open market. Commonly known as "the Fed". Central banking system of the United States.
It comprises 12 Mba project on derivatives futures and options Reserve banks under the control of the Federal Reserve Board.
The Fed is involved in setting monetary policy including interest ratesmaintains reserves, issues bank notes, lends money to member banks, and monitors the economic health of the country. A bonus payable under with-profit policies at the time of a claim. It can be altered according to investment conditions at the time.
Also called "additional" or "terminal" bonus. The dividend paid by a company to shareholders at the end of the financial year. Normally added to the interim dividend to produce the total dividend for the year. A pension scheme where the benefit pension is calculated according to the member's earnings at or near the date of their retirement, or at the time of leaving service. The amount of pension will be a proportion of the member's final salary, depending on their length of service.
Also known as a defined benefit scheme. The FCA is a company limited by guarantee and is independent of the Bank of England.
It is responsible for the conduct business regulation of all firms including those firms subject to prudential regulation by the PRA and the prudential regulation of firms not regulated by the PRA. The FCA has three statutory objectives: The FSB has been established to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies.
Refers to partnerships, such as accountants and stockbrokers, and small privately owned companies. Means by which a government can influence the national economy through changes in tax and public spending. A guaranteed rate of interest paid over the term of an investment or loan. A fixed interest security is an investment such as a government bond that provides a set level of income and usually has a redemption value, paid at maturity. When a company's shares are sold to investors and quoted on the stock market for the first time.
Sometimes known as an initial public offering IPO. This is the investment by a company based in one country into a company or investment project in another country. An arrangement through which a company with a successful product or service agrees to allow other organisations to manufacture, distribute or sell that product or service, usually in exchange for a fee. The assets held by a company over and above those it is required by law to maintain to meet its liabilities to policyholders.
Contributions to a pension contract separate from a company pension scheme but paid by a member sp500 trading strategies and stock betas that scheme. This gives the individual the opportunity dt pro forex save more for their retirement and choose where the contributions are invested.
When all or most of the charges and commissions on an insurance policy or loan become payable when the contract is first taken out. The FT Index is the Financial Times Ordinary Share Index, also known as the 30 Share Index.
It began in and is based on the prices of 30 leading industrial and commercial shares. Its equivalent in the US is the Dow Jones Industrial Average. The benchmark index for share prices in London, the "Footsie" is based on the price of the largest companies by market capitalisation quoted on the Stock Exchange. Introduced in to fill the need for a constantly updated index, it is calculated once a minute during trading hours.
Measures the performance of the biggest companies ranking just below the FTSE This index can vary markedly from the FTSE since mid-sized companies are more directly exposed to changes in the UK economy than the larger, international blue chips in the FTSE The FTSE plus the FTSE This is used for calculating FTSE industry baskets, which allow investors to assess how individual industry sectors are doing during the day. The most comprehensive of all the UK stock market indices.
Calculated once a day. Regarded as the main yardstick for professional investors, and widely used for index tracking purposes. Share price indicators from the UK and world stock markets complied by the Financial Times in conjunction with the Faculty and Institute of Actuaries and the London Stock Exchange.
Among the most important FTSE indices are the FTSE and the FTSE All-Share. A pool of financial assets into which premiums are invested to produce an investment return. Examples include property funds, managed funds and with-profit funds.
Strictly speaking, these are "investment funds" rather than just "funds". Fund management is the act of actively looking after such investments on behalf of individual and institutional customers.
Management of money invested, typically, in stocks and shares, fixed interest, property and cash on behalf of individual and institutional customers. Also known as asset management or investment management. A financial contract to buy or sell something on a specified future date for a pre-agreed price.
Futures markets exist for currencies, government bonds and commodities such as coffee, cocoa, copper and tin. A highly geared company carries a lot of debt. Known in the US as leverage. Non-life insurance mainly concerned with protecting taiwan stock trading time policyholder from loss or damage caused by specific risks.
Examples include motor or auto insurance, household, contents and buildings insurance, and business or commercial insurance. Known in some markets as property and casualty insurance. Bonds or securities issued by the UK government to raise funds are called gilts, or gilt-edged, because they are considered to be a safe form of investment the UK government has never failed to pay interest or repay capital.
How is gdp growth rate linked with stock market returns stocks issued are mostly fixed interest, although some are index-linked. Most government stocks have a redemption date, and are known as dated gilts, but some have no redemption date and need never be repaid. Like shares, gilts are bought and sold on the stock exchange and their price fluctuates according to the prevailing interest rate and their redemption date.
The market is known as the gilt market. A unit trust or mutual fund investing in stocks or bonds across the world. Global funds provide opportunities for spreading investments into different markets and sectors, but can carry additional risks, such as currency fluctuations and political and economic instability.
A list of banks deemed systemically important to the global financial system by the FSB as part of an international initiative set by the G A list of banks and insurers deemed to be systemically important to the global financial system by the FSB.
A list of insurance companies deemed systemically important to the global financial system by the IAIS as part of an international initiative set by the G A system of currency exchange rates fixed with reference to the value of gold held by national central banks. Today, most exchange rates are managed differently. The UK left the gold standard in and the US in The theoretical value to a company of its business connections. Goodwill also represents the difference between the amount paid for a business and the fair value of its net assets.
Together with such things as patents, royalties and trademarks, it forms what are known as intangible assets. See also Black Monday and Black Tuesday. A period of severe economic contraction during the s when unemployment remained high and many businesses collapsed. Followed the US stock market crash cyber monday cosmetic sales The total value of all goods and services produced domestically by a country each year.
Can be calculated as gross national product minus income from abroad. A key measure of national economic health. US official statistics use gross national product GNP. Total value of goods and services produced each year by a country. Real growth in GNP reflects increase in output after taking away the effect of inflation.
The total earnings or revenue generated by sales of insurance products, before any reinsurance is taken into account. Not all premiums written will necessarily be treated as income in the current financial year, because some of them could relate to insurance cover for a subsequent period. See also net premiums written.
Seven leading industrialised countries - the US, Japan, Germany, France, UK, Italy and Canada - who meet to discuss major economic and political issues. The European Community also takes part. Began in the mids. The addition of Russia in created the G8.
A pension scheme which an employer sets up for the benefit of his employees. All staff can become members of the same scheme.
Group personal pension schemes are individual policies taken out by people working for the same employer that are grouped together for administrative convenience.
An investment fund whose aim is to achieve capital gains, rather than income, by investing in growth stocks. Typically it will focus on companies that demonstrate significant earnings or revenue growth, rather than companies paying high dividends.
Crescimento econômico.
Growth funds can be more volatile than other types, rising more in bull markets and falling further in bear markets. Internationally recognised measure of inflation used by the European Central Bank to compare price movements across the eurozone.
Adopted as the main measure of domestic inflation in the UK inbut known as the consumer prices index. Differs from the UK's former retail price index in the type of consumer spending included and how it is calculated, and consequently tends to give a lower inflation figure.
Provides cover against loss from illness or bodily injury. Can pay for medicine, visits to the doctor, hospital stays, other medical expenses and loss of earnings, depending on the conditions covered and the benefits and choices of treatment available on the policy.
A type of investment fund that uses aggressive investment techniques and is exempt from many of the rules and regulations that govern other types of fund. Most hedge funds set high minimum investment amounts, so tend to be used by wealthy individuals and institutions. Protecting against the risk of losses in one investment by taking up other investment positions that will reduce the risk run by the first commitment.
This can mean investing in opposite positions in the same or equivalent stock or markets using complicated packages of futures and options. Though speculative, hedging is actually a cautious action which sets out to reduce the risk run by the investor. Equities or bonds that offer a high rate of return on your investment are said to be high yield.
There is likely to be more risk attached to such investments. A legal entity that owns other companies and whose main assets are its shareholdings usually a controlling interest in those other businesses.
Sometimes includes the word Holding or Holdings in its company name. Where one company attempts to buy the shares of another and the directors of the target do not recommend acceptance of the offer. See also takeover bid. A means of borrowing from the market. International Financial Reporting Standards. These are accounting regulations designed to ensure comparable balance sheet preparation and disclosure of financial statements.
Publicly listed companies in the European Union are required to use IFRS as adopted by the EU. A tutorial forex untuk pemula pdf of providing an income from the proceeds of a personal pension plan in the UK without having to buy an annuity until the age of At retirement, people can choose to transfer their money into a drawdown plan and take an annual income from the fund.
This arrangement enables individuals to avoid being locked into the prevailing annuity rate and means their pension fund can grow if investment conditions are favourable. Death benefits are generally better, too. However, it can be a more expensive option, and the investment risk is greater because the value of the fund can fall as well as rise. Also, if annuity rates decline, it could mean a lower income when the annuity is purchased at the age of An investment fund that aims to generate current income in the form of dividends or payments from stocks and bonds, rather than capital growth.
Income funds steps make money google adsense wikipedia regarded as conservative investment, and tend to be popular with retirees and other investors looking for a steady cash flow without taking on too much risk. In the UK, a person or organisation authorised to give advice on financial matters and to sell the products of all financial services providers. They are legally obliged to offer the product that best suits their client's needs.
An index is the weighted penny stocks to buy may 2016 of a group of securities used to measure the ups and downs of a market, market sector or asset class, and to provide a performance benchmark against which other investments in that category can be measured.
Share price indices form the basis for many index-tracking funds. The creation of an automatic link between income or payments and a specified index of prices or earnings. Designed to offset the effects of inflation. UK government bonds or securities whose returns are tied to the retail price index.
Known in the US as treasury inflation protected securities Tips. Investment funds designed to match the performance of a market index, such as the FTSE All-Share.
This can be done by buying every single stock in the index full replication or by buying a representative cross-section of shares from the index sampling. Tax-efficient plans for investing in stocks and shares, cash deposits or life insurance investment funds, subject to certain limits.
Introduced in the UK in An increase in the general level of prices over a ny stock exchange hours december 31 of time.
An insurance policy is "in force" from its start date until the date it is terminated. A tax paid on the value of assets such as money and property passed from one person to another as part of their estate after death or, in certain circumstances, as gifts during their lifetime.
Formerly known in the UK as death duties or capital transfer tax. An inherited estate is money that has built up in a with-profits fund over many years, above the amount that is expected to be needed to meet current and future policyholder commitments and other obligations such as tax and expenses, on a realistic basis.
An inherited estate is retained to provide security for policyholders against unexpected adverse conditions, such as substantial falls in stock market values, to provide investment flexibility, and to provide the finance that is needed to support the continued writing of new business in the fund. In this context the term "inherited estate" has a specific meaning and does not refer to an inheritance received when someone dies, exchange rate between singapore dollar and euro to property of any sort.
Sometimes referred to as "orphan estate" but not to be confused with unclaimed assets also known as "orphan assets"which are not included in the inherited estate. The first time a company lists on the stock exchange, and asks investors to buy shares in it, is known as an IPO, new share issue, or flotation. Billionaires pull out of stock market practice of buying or selling shares on the basis of privileged, confidential or price-sensitive information.
Recession - Wikipedia.
Also known as insider trading. Another term for bankruptcy. Happens when individuals or businesses do not have enough resources to pay their debts. Large financial organisation, such as a bank, insurance company, pension fund or investment trust, that holds and trades substantial volumes of stocks and shares for its own benefit or on behalf of others.
See also private investor. A contract taken out with an insurer to protect against loss from a perceived risk. The person taking out the insurance is called the insured. Payments for the policy are called premiums. The theoretical value to a company of its non-physical assets, such as its brand name, patents, royalties, trademarks, copyright and goodwill. The fee charged by a lender for the use of borrowed money, or the return earned on an investment, such as savings in a deposit account.
Can also mean part or total ownership of can i buy stocks with unsettled funds asset. Home loan where the borrower pays back only the interest until the end of the loan period, at which time the original sum borrowed also needs to be repaid. Percentage rate at which money is added to savings or borrowings.
The cost of borrowing or lending money. A dividend declared part-way through a company's financial year, before the final profit is known. Usually paid quarterly in the US or at as found in usa honest tc binary options half-year UK. Figures issued during the financial year to indicate business performance since the last full-year accounts were published.
Usually announced quarterly or at the half-year. An individual or organisation who introduces business to an insurance company on behalf of a customer and represents them in dealings with the company. Types of intermediary include financial advisers, agents, brokers, dealers and traders.
Established following the Bretton Woods agreement of with a wide-ranging brief to oversee the international monetary system, promote exchange rate stability and encourage international trade. In practice, became the main lender to member countries facing balance of payments difficulties. Also publishes international financial surveys and forecasts. Buying and holding assets, such as shares, bonds, property and commodities, to earn income or to make capital gains.
A US financial organisation involved in corporate finance, advice on mergers, takeovers and acquisitions, the launch of new stocks and shares, and investment management. Similar to the UK merchant bank. Earnings or revenue such as share dividends and interest payments arising from the ownership of assets. An investment fund set up as company quoted on the stock exchange which buys shares in other companies.
Investment trusts have fixed capital, so the price of the shares is determined by investors' interest in the company itself, unlike unit trustswhich can buy or sell units in response to demand. Income earned abroad from business other than the selling of goods. It can include earnings from banking, insurance, investment, shipping and tourism. Also known as keyperson insurance. Cover designed to protect or compensate a business in the event of the death or incapacity of an important employee regarded as crucial to that organisation.
A one troy ounce gold coin from South Africa. This is one of a number of gold coins that can be bought by individual investors and traded on the London bullion market. General insurance claims that are often not made until many years after the period of cover provided, due to the impact of perils or causes not becoming evident for a number of years.
Sources of latent claims include asbestos-related diseases, environmental pollution and industrial deafness.
A company's debts and obligations, shown on the balance sheet as claims on its assets. How to make money transfers untraceable designed to protect the policyholder in the event of a claim by a third party alleging that negligence or inappropriate action has resulted in bodily injury or damage to property.
Can cover a range of personal, professional and commercial risks. Promises the payment of an agreed sum of money upon the how is gdp growth rate linked with stock market returns of the insured within a specified period of time. Also known as life assurance.
London International Financial Futures and Options Exchange, where futures and options are traded. A legal arrangement where the owners of a business have limited responsibility for debts, usually restricted to the amount aftermarket stocks for ruger gunsite scout have invested in shares or some other specified figure. Such businesses normally have "Limited" or "Ltd" as part of their name.
By contrast, unlimited liability allows creditors to have a claim on other assets belonging to the owners in the event nse currency derivatives market timings a deficit. Process which brings a company's existence to an end after distributing its assets. A liquidator is the insolvency practitioner who winds up a company.
Ease with which an asset can be bought or sold without significantly affecting its price. Forex strategy stop loss liquid asset is one easily convertible into cash. A company whose shares are accepted for trading on a stock exchange is said to be listed.
Means the same as quoted. The world's main market in marine, aviation and unique risks. Lloyd's is organised into underwriting syndicates comprising Names investors with unlimited liabilities who are willing to underwrite most types of insurance. Can trace its origins to Edward Lloyd's Coffee House in lateth century London, where the owner attracted merchants and ship-owners by posting the latest shipping information.
In a group of Lloyd's customers agreed to form their binary options bonds association and in moved into rooms at the Royal Exchange.
In Lloyd's was incorporated by Parliament for the "promotion of marine insurance and the diffusion of shipping intelligence". Lloyd's Register is an independent risk how to move money from credit card to paypal organisation with more than offices around the world.
Founded in as the Register Society by customers of Edward Lloyd's coffee house in London, it first published the Register of Ships in to give underwriters and merchants an idea of the condition of the vessels they insured and chartered.
Today, in addition to marine activities, it has operations covering management systems, land-based industries, railways, and oil and gas. Lloyd's Register is sometimes confused with other organisations that owe their origins to Lloyd's coffee house, including Lloyd's of Londonthe international insurance market. The performance of overseas business can be calculated in local currency to remove the effects of exchange rate volatility.
This gives a clearer demonstration of trends. The rate of interest on short-term credit charged by the Bundesbank, the German central bank, to other banks. It is seen as an important international economic indicator.
The UK's main marketplace for buying and selling shares in quoted companies, and one of the leading exchanges in Europe. Technically the International Stock Exchange of the United Kingdom and Ireland. Can trace its roots back towhen brokers expelled from the Royal Exchange for rowdiness formed a club at Jonathan's Coffee House forex indicator builder buy and sell shares.
In members voted to change the name to the Stock Exchange, and in it became a regulated exchange. Investors are long if they have bought stocks or shares but have not yet arranged a compensating sale.
A benefit arising in the form of a single, once-and-for-all payment rather than a series of payments. An investment fund in which the choice of investments is made by a fund manager, usually with the aim of producing steady growth and a good balance of security. The purchase of a company by some or all of its managers, usually with financial backing from outside. Profit margin as a percentage of trading profit. Reflects the underlying profitability of the business, but not whether the company is making money for shareholders.
It is calculated before interest charges and tax. The place where transactions take place in a particular type of commodity, such as a stock exchange. The value of a company calculated by multiplying the number of shares the company has in circulation by the market price of those shares.
An individual broker or dealer who sets the price at which stocks can be bought and sold. Each stock market investing virginia listed on the London Stock Exchange must have at least two market-makers.
Before Big Bangthe only people allowed to make a market in company shares were called "jobbers", who dealt only with agency brokers. Now stockbrokers can also be market-makers, and can deal with whomever they like. The price at which a stock, bond or commodity was most recently bought or sold. Also called market value. See also bid price and offer price. A penalty that may be applied if a customer takes units out of a with-profit fund other than on a pre-agreed date, to take account of investment market conditions at the time.
The adjustment is used to protect the remaining policyholders with units in that fund. Economies such as the USA, UK and continental Europe that are considered to be well established, stable and therefore less risky for investors than emerging markets. The date that an insurance policy or other financial contract finishes or "matures", and the proceeds, sometimes known as the maturity value, become payable. Specialised UK bank multi money forex ltd investment services, corporate advice, trade and project finance, exchange rate dealing, etc, to clients worldwide.
It also acts as an issuing house for stocks and bonds, and advises companies involved in mergers. A "marriage" of two or more companies, with the pre-agreement of 5 minimum deposit for binary option brokers with no, whereby one company acquires the shares of the other as was the case with the merger of CGU and Norwich Union, which created Aviva or the shares of both companies pass to a third party.
The midpoint between the buying price also known as the bid price and the selling price also known as the offer price of a unit or share. Most newspapers quote the mid-price for shares. When buying, you generally pay a bit more than the mid-price; when selling, you usually receive a bit less.
Regulation of the money supply and interest rates by a central bank, such as the Federal Reserve in the US, with the aim of controlling inflation and stabilising the national currency. Monetary policy enables a government to affect the amount of money spent by consumers and businesses.
The illegal process of disguising the origins of money from criminal activities so that it appears legitimate. This can be attempted by transferring it through many bank accounts so it becomes difficult to trace, or by investing tutorial forex untuk pemula pdf in legitimate business how much money did brock lesnar make for ufc 141 and taking "clean" cash from the proceeds.
For this reason, many countries require financial institutions to check the origins of large cash deposits. A short-term debt obligation, such as a banker's certificate earn cash in hand manchester deposit, commercial paper or government security, generally regarded as a low-risk, low-return investment for the holder.
Total amount of money in circulation in an economy. There are several ways this can be measured such as M0, M1, M3and the vietnam stock market etf for these figures vary slightly from country to country.
Financial authorities use these measures to set targets for monetary growth. A loan to buy a home. Technically, it is the security provided by a borrower to a lender in return for funds advanced - usually the property in question. Typically there are two forms of mortgage: A business organisation, such as an insurance company or building society, owned by utrader binary options members or policyholders.
Any profits are shared among the members through bonus payments, dividends or reductions in future premiums. American term for an investment vehicle that pools money from subscribers and invests in a range of stocks, bonds and other assets. Cara trading forex tanpa loss are mostly free to buy or sell shares in the fund at download forex trading maximum profit time.
An open-ended fund will sell as many shares as alligator strategy forex want the equivalent of a unit trustwhereas for closed-end funds there is only a limited number of shares equivalent to an investment trust.
North American Free Trade Agreement. An agreement reached in by the United States, Canada, and Mexico to phase out tariffs and encourage free trade between the three North American countries. An underwriting member of the Lloyd's of London insurance market, organised into syndicates to spread the risks involved.
Traditionally wealthy individuals who assumed unlimited liability for the risks they covered. The National Association of Securities Dealers Automated Quotation system, operated in the US.
A computerised system for providing price quotes for securities in the US. Set up in as an information service, now regarded as a major stock exchange in its own right. Payments made by most working people to the UK government to cover unemployment, sickness, maternity and old age pension benefits. The proportion of net premiums written recognised for accounting purposes as income in a given period. Total gross premiums written for a given period, minus premiums paid over or "ceded" to reinsurers.
The amount left over after deducting tax, interest, depreciation, fees, minority interests and functions of bombay stock exchange ppt charges from sales revenue. Also known as net earnings, global forex trading without deposit net income.
Term used to describe the value of long-term savings policies sold to new and existing customers. Includes premium increases on existing business.
Correlation Between Equity Returns, GDP Growth - Business Insider.
This "strain" arises because, in addition to meeting costs associated with the sale of contracts, insurance companies must make actuarial provisions at the outset of a contract that are often significantly higher than the premiums received.
To begin auto binary options trade trading service, therefore, cash outflows exceed inflows, creating a strain.
Founded inthis is the largest and oldest organised securities exchange in the Moneygram euro rate in pakistan. Also known as the Big Board. It was founded by the signing of the Buttonwood Agreement by a group of stockbrokers and merchants who met under a buttonwood tree at what is now 68 Wall Street.
The Bank of New York was the first corporate stock traded, and was the first listed company on the NYSE. It operates as an auction market where orders are brought to the trading floor for execution. Benchmark share price index of the largest companies quoted on the Tokyo Stock Exchange. Where the shareholders of the companies that are merging receive shares in the merged entity in return for their existing shares, but no money changes hands.
Someone nominated to act on your behalf. For example, traders often hold securities in a nominee name as this makes settlement easier. A company with very little external borrowing relative to the money shareholders have how much money did tom make from myspace in it.
Insurance cover guaranteeing certain benefits but for which the policyholder bears no investment risk and does not gain or lose if returns differ from expectations. Pure risk business, such as term assurance, annuities, health insurance and disability cover, is normally written on a non-profit basis. A pension scheme arranged by an employer for the benefit of one or more employees.
The price an investor must pay, or what the market demands, for buying a share or a unit in an investment fund. The main market in London, comprising the UK Listing Authority's record of all listed or "quoted" securities. Companies on the Official List have been vetted by the London Stock Exchange quotations department and are subject to the listing rules in the Yellow Book.
The first issues date back to In the UK, a government official who administers the sale or disposal of assets in cases of bankruptcy, insolvency and compulsory liquidation. Term used for funds held outside one's own country, sometimes in "tax havens" that operate in less heavily regulated financial jurisdictions and offer tax advantages or greater privacy to indicatori forex migliori investor.
The relocation of business processes from one country to another where there are lower costs or tax savings. Also known as business process outsourcing BPOwhere a company in one country provides services for a company in another part of the world.
Business operations can include manufacturing, IT, administration and call centres. A collective investment fund structured as a limited company in which investors can buy and sell shares. The option to use the proceeds of a pension contract to buy an annuity from an insurance company other than the one with whom the pension was held. Usually done to obtain a better interest rate but sometimes used for convenience, so that all payments to an individual come from the same source.
The day-to-day expenses involved in running a business, such as sales and administration, as opposed to production costs. Also called operating expenses. Excludes non-operational items, such as one-off gains or losses from the sale of assets or acquisition costs. Also called earnings before interest and taxes EBITor operating income. Where ownership of a company is ruger mini 14 tapco stock review into a number of equal parts or "shares", ordinary shareholders are entitled to a distribution of the profits known as dividends and have the right to vote at company meetings.
If the company is wound up, ordinary shareholders are entitled to any assets left after all other obligations have been met. These residual assets are known as the equity of the company, hence the term "equities" sometimes used to describe ordinary shares.
Ordinary shares rank after debentures and preference shares. Known in the US as common stock. The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems. The mission of the OECD is to promote policies that will improve the economic and social well-being of people around the world.
The continuing administrative costs of running a business that cannot be attributed to any specific activity but are still necessary for the business to function.
Examples include rent, insurance, electricity and water. To have a larger proportion of a fund or share portfolio in one type of investment or sector than the market benchmark or average. The opposite of " underweight ". A business association formed by two or more people. Often known as a firm. A partnership is not an incorporated company, and has no standalone legal basis, which means that the partners or "general partners" usually have unlimited responsibility for any debts incurred by the business.
An exception is limited partners who, like shareholders, are liable only for what they have invested in the business. See also limited liability. Ordinary shares or common stocks that are low-priced and often regarded as highly speculative because of the perceived risks of investing in the companies concerned. Traditionally popular with private investors. A regular payment received by an individual during their retirement until they die.
Also known as an annuity. It is usually bought through payment of regular contributions during the individual's working lifetime. Pensionable salary can differ from actual remuneration as it excludes items such as overtime and commission.
The period of service with an employer that is taken into account when calculating pension benefits. Refers to a pool of pensions contributions invested for growth.
Also used to refer to a type of institutional investor who administers and invests funds for pension plans. A financial institution such as a bank or insurance company authorised to provide pensions contracts. Per capita income represents the average earnings for each person in a population, and is often used to measure a country's standard of living. Method for UK individuals to invest a certain sum in stocks and shares each year without attracting income tax or capital gains tax. Introduced in but no longer sold.
Replaced in by individual savings accounts. An extension of car insurance which covers medical expenses and, in some cases, lost wages and other damages. It provides evidence that a contract exists between the insured and insurer. A collection of financial assets - investments in shares, fixed interest stocks, cash and property - held by an investor. A company or individual who plans to take control of another company, usually by buying a controlling interest and installing new management.
Also known as a raider. Shares paying a fixed dividend, and which have prior claims over ordinary shares to dividends and to capital repayment if a company is wound up. They have no priority over debentures, loan stocks and company creditors.
Like ordinary shares, preference shares represent part-ownership in a company, although preference shareholders do not enjoy voting rights at company meetings.
A company's unaudited full-year results, declared as a prelude to the publication of the annual report and accounts. The monetary amount paid for an insurance policy. The payment a policyholder makes in return for insurance cover. Usually paid monthly, annually or as a single lump sum. Also, if the market price of a new share is higher than its issue price, it is said to be trading at a premium the opposite of discount.
PVNBP is a measure of life and pension sales using the European embedded value method of financial reporting. Similar in principle to the UK industry standard of annual premium equivalent. Share price divided by earnings per share over the latest month period. The result offers investors a way of comparing companies' prospects. Information about a business which, if made public, would be likely to have a significant effect on the company's share price. Listed companies must report such information to the stock exchange.
See regulatory news service. A term for the original investment, or the amount borrowed, or the part of the amount borrowed that remains unpaid excluding interest. An individual who buys and sells relatively small amounts of shares or other holdings for their own benefit. Also known as an "individual", "retail" or "small" investor. See also institutional investor. Conversion of a state-run company one in private ownership, often as a public limited company with shares offered for sale to the public.
Excess of income over expenses for a particular period. Figures may be given as gross profit, net profit before tax, net profit after tax, and earnings. An account compiled at the end of the financial year showing that year's revenue and expense items, and indicating gross and net profit or loss. Set way to describe or restate a company's financial results when circumstances have changed, for example after a flotation, merger or takeover.
Also known as non-life or general insurance. Casualty insurance primarily covers losses arising from accidents that cause injury to other people or damage to the property of others.
Property insurance covers loss or damage through fire, theft, floods, storms and other specified risks. A method by which a shareholder may vote without attending a meeting by appointing someone else to vote on their behalf.
The PRA is a part of the Bank of England and is responsible for the prudential regulation of deposit taking institutions, insurers and major investment firms. The PRA has two statutory objectives: Only public limited companies may be listed or traded on the London Stock Exchange.
In the UK, the annual budget deficit of the public sector as a whole - in other words, the amount of public funding that has to be borrowed in any financial year. In other countries, known as public sector deficit. If a company has a quote or is "quoted"its shares can be bought and sold on the stock exchange. Means the same as listed. A sharp rise in the value of a stock market or particular share. Sometimes followed by a fall in price also known as a "reaction" or "correction" as investors sell to take profits.
The change in value of an investment over a period of time, taking into account income from it and any change in its market value. Normally expressed as an equivalent annual percentage of the total amount invested.
Also the yield from a fixed income security. The actual price of an investment at that moment. Most share prices displayed on websites are delayed by at least minutes. A reattribution allows eligible policyholders to choose to receive an incentive payment in return for giving up their interests in any possible future payout from an inherited estate.
A period of general economic decline. Specifically, a decline in gross domestic product GDP for two or more consecutive quarters. The deadline determined by a company's board of directors by when an investor must be recorded as an owner of shares to qualify for a forthcoming dividend or share distribution.
Person or organisation that keeps a record of individual shareholders and information such as dividend payment dates. An additional amount allocated to a with-profit policy, usually once a year, to reflect earnings on the underlying investments. Once declared, the bonus is guaranteed as part of the payout on maturity. Also known as "annual" or "reversionary" bonus. An organisation with statutory powers to lay down a framework within which member companies must operate.
Information service used by listed companies to make announcements to the London Stock Exchange to ensure that price sensitive information is communicated in a timely and secure manner to all investors. A form of insurance bought by insurance companies to protect themselves from the risk of large losses. One insurer pays to place part of an insured risk or an entire book of business with one or more other insurance companies, known as the reinsurers. Method of repaying a mortgage loan where each monthly payment comprises a part repayment of the original loan plus interest on the outstanding amount.
By the end of the loan period, the mortgage loan should be fully repaid. Also known as a capital and interest mortgage.
Assets held by a bank or company in case of future needs. Also a technical term for holdings held by banks at the central bank. Former measure of inflation in the UK, representing the average cost of spending by typical households. RPI includes mortgage interest payments, while RPIX excludes them.
Now replaced by the harmonised index of consumer priceswhich is calculated differently, and tends to result in a lower figure. The equivalent in the US is the consumer prices index. For savings, the difference between the original sum invested and the final value of income or capital growth, given as a percentage. For shares, the overall investment performance based on the movement in the price of the shares gain or loss and the dividend income from the shares.
See also rate of return. Usually calculated as pre-tax profit divided by capital employed total assets minus current liabilitiesexpressed as a percentage.
Indicates how efficiently a company's management uses its assets to generate profits over a period of time.
The acquisition of a stock market-listed company by a private company or, more generally, a smaller company buying a larger one. An invitation from a company to their existing shareholders to buy new shares, usually for less than the prevailing share price, to raise additional capital.
See also vendor placing. The measurable probability of loss or less-than-expected returns from an investment, asset or business activity. Capital allocated by a company to cover risks arising from the nature of its business and the markets in which it operates, based on an assessment of those risks and the likelihood of adverse developments.
For example, banks may be required to set aside capital to cover their exposure to the risk of customers defaulting on the repayment of loans. The process of managing accounts and settling claims for an insurance business or investment fund that has stopped accepting new risks or has been closed to new business.
It can also be a termination condition of a reinsurance contract that the reinsurer remains liable for losses after the contract ends until policies in force at the time have been "run off", either for a specified period or until they have expired. Organisation that provides funds for house purchase.
American equivalent of a building society. The payment of dividends in the form of extra shares, rather than cash. The advantage to the company is that cash resources are retained while the shareholder gets more shares at no cost. The disadvantage is that it increases the amount of stock and can therefore dilute earnings.
A free issue of new shares to existing shareholders in proportion to their holdings. Can make shares more attractive to investors because there are more of them at a lower price. Also known as stock split, capitalisation issue or bonus issue.
Part of a market or industry whose components share similar characteristics. Stocks are often grouped into sectors, such as banks, beverages, construction, engineering, food, healthcare, insurance, leisure, media, oil and gas, pharmaceuticals, real estate, technology, transport and utilities. General term for financial instruments traded on a stock exchange, such as stocks and shares, and the notes, certificates and bearer warrants that signify ownership of them.
Created inthe SEC is empowered to issue regulations and to enforce provisions of the federal securities laws and its own regulations, including regulations governing the disclosure of information in connection with securities being offered for sale of the public. The SEC is also responsible for regulating the activities of securities traders.
The SEC sees that investors are fully informed about securities being offered for sale and prevents misrepresentations, deceit and other types of fraud involved with securities transactions. This is the process by which a financial instrument is created based on pooling various types of contractual debt assets together as a packaged product. That pool of assets is then divided up into different risk tranches or sections depending on the risk of default or non-payment from the assets.
An analyst employed by a brokerage firm or other business that manages client accounts. Common term for equity. Specifically, a certificate conferring ownership rights in a company. Ordinary shares or common stock provide voting rights at company meetings and entitle the holder to a proportional share of the profits. Only listed companies in the US called corporations issue shares.
Other types, such as sole ownerships or limited partnerships, do not. How a company distributes its profits to its shareholders, who receive a set amount for each share that they own.
Someone who owns shares or stock in a company or mutual fund. Shareholders also have the right to declared dividends and the right to vote on company matters, including the board of directors. Shareholders' funds represent the assets that remain once all a company's liabilities have been accounted for. This also equates to the capital of the company, plus any profits that have been retained by the business. Investment trust shares normally sell at a discount to ie, at a price lower than the value of the underlying assets attributable to each share.
When times are tough these discounts may widen, so the share price falls faster than the underlying assets.
Investors are short if they have sold shares they do not possess, in the hope of buying them later at a lower price to make a profit. An open-ended investment fund similar to an Oeic in the UK, structured as a legally independent joint stock company. Units are issued in the form of shares. An accounting method by which transactions are recorded as either a credit or debit. Generally suitable for small companies with simple financial statements.
See also double-entry bookkeeping. A policy of investing in companies or funds that demonstrate best practice in social, environmental and corporate governance.
Examples include environmentally friendly or "green" funds, and sectors such as hospitals and education. Depending on the criteria used, it might entail avoiding such industries as alcohol, firearms, tobacco and chemical pollutants.
Some institutional shareholders use their investment muscle to influence companies in which they invest to promote improved standards of business conduct. This is a directive that codifies and harmonises the EU insurance regulation. It is the regulatory regime that insurance companies in the EU will have to abide by in the future.
Currently insurers have to meet a set of regulatory rules set out in Solvency 1. An investment trust that offers different types of share, typically to provide either income or capital growth. Income shares entitle the holder to dividends paid during the lifetime of the trust and a predetermined amount of any capital increase.
Holders of capital shares benefit from capital gains but receive little or no income. The aim is to provide investors with the flexibility to choose the mix of shares that best suits their requirements. The trading of commodities at the "spot" or current cash price. When a commodity is bought for cash, the ownership passes to the buyer along with the holding costs until the commodity is used or resold.
Someone who subscribes for a new share issue in the hope of selling at a profit immediately dealing starts. Any individual or organisation with an interest in a company. Also, stakeholder pensions were introduced in the UK in April as an affordable, tax-efficient way for people to save for retirement. Financial well-being, often measured by gross national income per capita the average earnings for each person in the country.
One drawback is that this does not take into account factors such as the crime rate, social and environmental issues. UK retirement savings scheme. Employees contribute through National Insurance payments, and the amount of benefit depends on earnings and the amount of National Insurance contributions paid.
Often used as an alternative word for shareespecially in the US. However, it can refer specifically to fixed-interest investments, such as bonds and gilt-edged stocks, which represent a loan to the issuer, rather than shares, which signify part ownership of a company.
A marketplace where stocks and shares and other financial instruments can be traded. Most major financial centres - examples include London, New York, Paris, Hong Kong and Tokyo - have their own stock exchange with a centralised dealing system and strict operating rules and regulations.
The computer trading system for UK stocks and shares, which shows prices for buying and selling shares and volumes traded. SEAQ was introduced as part of " Big Bang " in Subordinated debt is debt that ranks after other debts and is therefore eligible, in some circumstances, to be recognised as capital by regulators and rating agencies.
For instance, subordinated debt ranks below other senior debt in order of priority for repayment if the issuer is liquidated. Holders are compensated for the added risk through higher rates of interest. A type of mortgage for borrowers with a low credit rating or poor credit history because, for example, they have defaulted on previous loans or been bankrupt.
Lenders generally charge a higher rate of interest on subprime loans because of the greater risks involved. The lump sum benefit payable under an insurance policy or contract in circumstances defined within the policy usually it represents an amount payable on death. The act of cancelling or cashing in the proceeds of an insurance contract before it becomes payable or reaches its maturity date for a surrender value.
The amount of money payable on cancellation "surrender" of a policy with an investment element, before the benefit becomes payable normally on death or maturity.
Surrender values will depend on premiums paid and time elapsed. Unique abbreviations used to identify different companies traded on a stock exchange. For example, Aviva is represented by "AV. Sometimes called a "ticker symbol" after the electronic display or "ticker" which shows the price for each successive trade on an exchange, the trading volume and the share symbol. Where one company bids for the shares of another and seeks to persuade the shareholders of the target company to accept the offer.
It is called a "hostile bid" when the directors of the target do not recommend acceptance of the offer. See also reverse takeover. Legal arrangements made by an organisation or individual to reduce the amount of tax they pay.
The illegal method is called tax evasion. Launch in NovembertechMARK is the London Stock Exchange's international market for shares in technology companies. Members range from established multinationals to small start-up businesses and represent a variety of industries. Amounts set aside on the basis of actuarial calculations to meet obligations to policyholders.
The insurance profit of life, pensions and general insurance business. Measures performance in the core businesses. Also known as temporary insurance. A type of life insurance where the benefit sum assured is paid only if death occurs during a specific period of time.
An investment strategy that begins with overall economic conditions before narrowing down to markets and industries, and then companies in those sectors that are expected to perform well. Analysis of the individual stock is the final step. Opposite of bottom up. Total return is the change in value of an investment over a given period, including income from dividends and interest, as well as any capital gains or losses, expressed as a percentage of the initial investment.
A measure of company performance based on the overall value to shareholders of their investment in a stock over a given period of time. Includes movement in the share price and dividends paid and reinvested, expressed as a percentage of the initial value of the investment or share price at the beginning of the period. An investment fund which aims to replicate the performance of a selected market index. Loan or debt securities issued by a government to help pay for its financial needs.
Investors receive a guaranteed return over a fixed period. In the USA, treasury bills also known as T-bills are short-term securities issued for up to one year. They are sold at a discount, the difference between the purchase price and the face value representing the holder's profit at the end of the term. Treasury notes T-notes have a term of between one and 10 years, and pay a fixed rate of interest.
Treasury bonds T-bonds also pay a fixed rate of interest and are long-term securities issued with a term of more than 10 years. The UK government issues short-term treasury bills and longer-term treasury bonds, usually known as gilt-edged securities. A legal arrangement where one or more people are appointed to look after property or investments on behalf of someone else the beneficiary.
The trustees are legally responsible for how the assets are managed. Trusts can be used to look after company pension schemes and individual portfolios. Sometimes they are used as a means of protecting funds, such as an inheritance, until the beneficiary reaches a certain age. A term for funds held usually by financial institutions that have been left untouched by their owners for a considerable period of time. Unclaimed assets include dormant bank accounts, forgotten life insurance policies, surplus funds from payouts that remain unclaimed, unredeemed bonds and savings certificates, lost shares, abandoned dividends, and even unclaimed lottery winnings.
Some countries have rules and regulations that govern what may be done with unclaimed assets, including whether they may be put to productive use by the business that holds them. Also known as orphan assets. Not to be confused with inherited or "orphan" estate. UCITS are pooled investment funds that may be sold across national borders within the European Union. They can invest in a range of shares, bonds, money market instrumentsbank deposits, derivatives and units in other investment funds, subject to certain restrictions.
To have a smaller proportion of a fund or share portfolio in one type of investment or sector than the market benchmark or average. The opposite of " overweight ". Someone willing to assume an insurance risk in exchange for payment of a premium.
The term derives from the practice of the person who accepted the risk signing their name under the amount they insured thereby entering into a contract. The process of selecting which risks an insurance company can cover, and deciding the premiums and terms of acceptance. On the stock exchange, an arrangement by which a company is guaranteed that an issue of shares will raise a given amount of money, because the underwriters promise to buy any of the issue not taken up by the public.
The difference between insurance premiums earned and claims and expenses paid over a given period. If premiums are the higher figure, there is an underwriting profit; if they are lower, there is an underwriting loss. Underwriting profit excludes investment income, so is a commonly used method of evaluating the performance of a general insurance company.
See also combined operating ratio. Money not earned by working. Excludes wages, salaries, bonuses, tips and other employee remuneration.
Includes dividends from shares, interest on savings, investment income, capital gains, rental fees, royalties, pensions and social security benefits. It can also be payments received in advance for work that has not yet been carried out. Premiums received by an insurer relating to cover provided outside the current accounting period.
Such premiums are not normally treated as income until they have been "earned" during the period to which they relate. Investment policy under which contributions are used to buy units in a chosen investment fund.
A unitised investment contract where the unit price increases daily in line with a declared bonus rate. The unit price is guaranteed not to fall and may even be guaranteed to grow at a particular rate and therefore the unit price is not directly related to the value of the assets in the fund. A type of long-term savings plan where premiums are used to buy units in an investment fund, such as a unit trust.
The assets in the fund can be a mix of stocks, shares, bonds, property or other securities. The value of the units and the return from them can fluctuate in line with the investment performance of the assets in the fund, and there is no guarantee on the amount of capital that will be returned. Fund of stocks and shares held by a manager for the benefit of investors. Individuals buy units in the fund, which then invests in a wide range of shares.
This approach offers small investors the opportunity to pool their money with others and benefit from a greater spread of risk and investment opportunities. British equivalent of an American mutual fund.
A notional profit or loss that has not yet been achieved through a transaction. The profit or loss is "realised" when the investor sells the security or asset in question. Unrealised gains are usually not taxable. A basic service supplied to the public, such as water, electricity, gas, and sometimes telecommunications or transport.
A measure of the value created by writing new business. When a company issues new shares to the market generally, rather than only to its present shareholders, the issue is called a vendor placing.
This type of issue can be a quick way of raising money for a company without relying on the original shareholders to provide the cash. See also rights issue. A specialist form of high-risk financing provided for small, new companies by speculative investors. The variable amount by which a share price or market value rises and falls during a period of time. If it moves up and down rapidly or unpredictably, it has high volatility; if it is more stable or rarely changes, it has low volatility.
Financial district of New York; the American equivalent of the City of London. Used as shorthand for the US financial markets. A tradable security that gives the holder the right to buy a share or bond at a fixed price on a future date. A company or individual who rescues another company in financial difficulties, or saves a takeover target from an unwanted bidder by making a counter-bid.
An insurance contract where the benefit is payable on death, whenever it occurs. Distinct from term insurance, which pays out only if death occurs within a specific period. Free shares, typically used as an incentive to persuade the members of a mutual business to vote in favour of conversion to a public limited company. The shares are compensation for the loss of membership.
People who try to become members because they think a mutual organisation is looking to convert are known as carpetbaggers.
Tax deducted from dividends paid in some countries to non-residents. Individual can claim it back under certain conditions. A type of investment plan sold in the UK in which extra amounts may be added to the main benefit known as the sum assured to reflect profits earned during the course of the contract. Regular or "reversionary" bonuses may be added, usually each year, and once declared are guaranteed. A final or "terminal" bonus may be added when the policy becomes payable.
With-profit funds are typically invested in a mixture of equities, property and fixed income investments. An agency for channelling aid funds to developing member countries of the International Monetary Fund who might otherwise have difficulty raising capital for major infrastructure projects. Full name is the International Bank for Reconstruction and Development.
An international organisation that deals with the rules of trade between countries, with the objective of helping producers, suppliers, importers and exporters conduct their business. Successor organisation to the General Agreement on Tariffs and Trade Gatt. An account in which a broker or fund manager executes investment decisions on behalf of a client in exchange for a single quarterly or annual fee, usually based on the total assets in the account rather than the number of transactions.
To reduce the value of an asset or holding on the balance sheet to reflect its current market value. An accounting action sometimes used to reflect the effect of depreciation on the book value of an asset.
To cancel a debt, or to acknowledge the loss or worthlessness of an asset. Also to remove an asset or holding entirely from a balance sheet. The reduction in value, or loss, is said to be "written off". An abbreviation used to signal that a share is trading ex-dividend. A type of investment denominated in dollars and issued in the US by foreign companies, banks and governments. Another name for a London Stock Exchange publication, Admission of Securities to Listingwhich sets out the rules for companies that wish to be quoted on the exchange.
The yellow band on a stock market price display screen which displays the current prices for a security. They are sometimes referred to as the "yellow strip" or "touch" prices.
Rate of return on an investment in percentage terms, taking into account annual income and any change in capital value. Also the dividend payable on a share expressed as a percentage of the market price. Yield to maturity is the rate of return expected if a bond or other dated investment is held for the full term of the contract, or until the maturity date. Abbreviation for "year to date". Usually means the period starting 1 January of the current year and ending today.
A bond that does not pay interest and matures at face value. It provides an investment return normally by being bought at a discounted price. A share that pays no, or "zero", dividends. Instead, it is bought at one price and redeemed later for a higher price agreed in advance. Close We use cookies to give you the best possible online experience. Select an Aviva website in your country. A accidental death benefit An extra payment made under a life insurance policy if death is caused by an accident.
Alternative Investments Market Aim Launched by the London Stock Exchange in as a market for smaller, growing companies not big enough to enter the Stock Exchange Official List the main market. American Depositary Receipt ADR A negotiable instrument issued by a Depositary Bank that evidences ownership of shares in a corporation organised outside of the US.
See American Depositary Share ADS American Depositary Share ADS Evidenced by an American Depositary Receipt ADRADSs represent ordinary shares on deposit in the United Kingdom. See American Depositary Receipt ADR amortisation An accountancy term usually used to describe the systematic reduction in value of an intangible asset due to its use over time. Association of British Insurers ABI A major trade association for UK insurance companies, established July Top of page B balance of payments A country's net financial transactions with other countries showing the balance of imports versus exports.
Bank for International Settlements BIS The central bankers' bank based in Basle, Switzerland. Bank of England The UK's central bankfounded in and based in London's Threadneedle Street since Big Bang Deregulation of the London Stock Exchange which took place on 27 October Big Board The New York Stock Exchange's price display, sometimes used to mean the exchange itself.
Big Four In the UK, a name traditionally used to describe the four largest high street banks: Black Monday There are two Black Mondays in stock market history. Black Tuesday On Tuesday 29 October, a record Black Wednesday Wednesday 16 September, the date on which the UK withdrew from the European exchange rate mechanism ERM.
Bretton Woods An international conference held in New Hampshire, USA, in which resulted in the establishment of the International Monetary Fund and the World Bank.
