Glossary
	Please select a letter below and then vertically scroll to find the word you are looking for  A  |  B  |  C  |  D  |  E  |  F  |  G  |  H  |  I  |  J  |   K  |  L  |  M   N  |  O  |  P  |  Q  |  R  |  S  |  T  |  U  |  V  |  W  |  X  |  Y  |  Z  underwriter Principal who underwrites an insurance policy; also someone who guarantees to buy up shares or bonds from an issue that are not taken up by the public. unit trust Fund of stocks and shares held by a trustee for the benefit of subscribing investors; an easy means of obtaining a spread of investments. The British equivalent of a mutual fund. unlisted securities market (USM) Market in small company shares administered by the stock exchange in the UK. A company cannot be listed on the USM but can be quoted or its shares traded on the USM. To be abolished. back to top