W
- A life insurance policy which pays
a specified amount on the death of the life assured.
- The legal termination of a pension scheme.
- A life insurance or pension policy
which has annual bonuses added to the sum insured.
- The amount of money tied up in the day
to day operations of the business.
- An informal reorganisation of the
business and settlement of its affairs outside of formal insolvency
proceedings.
X
- The interval between the announcement
and payment of the next dividend or, in the case of a unit trust,
the next income distribution.
Y
- The annual dividend or income from an investment.
Z
- Goods or services that are taxable for VAT
but with a tax rate of zero.
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