the option to close out an investment prior to the fulfilment of the original conditions for termination.

Pension benefit that an employee has earned based on his or her years of service at a company. Accrued benefits are often calculated in relation to the employee's salary scale.

A regular dividend that is considered to be earned but not declared or payable.

One company taking over controlling interest in another company.

The price movement and volume of a stock or overall market.

Syn: premium Amount by which an instrument sells above par. Also used to describe the difference in value between currencies, or the percentage charged on changing paper money into cash.

Distribution of the bonds delivered among the holders of long positions.

Depreciation allowance or loan repayment by instalments.

Report to the stockholders of a company which includes the company's annual, audited BALANCE SHEET and related statements of earnings, stockholders' or owners' equity and cash flows, as well as other financial and business information.

Series of payments, usually payable at specified time intervals.

Anything having commercial or exchange value that is owned by a business, institution or individual.