A variable rate mortgage, also known as a floating rate mortgage, has an interest rate that fluctuates over the life…
Unquoted shares, also known as private equity or unlisted shares, represent ownership in companies not traded on public stock exchanges.…
A unit trust is a pooled investment fund where money from many investors is gathered to purchase a diversified portfolio…
An underwriter for shares acts as an intermediary, buying newly issued securities from a company and reselling them to the…
Turnover refers to the rate at which employees leave an organization. High turnover can signal underlying issues, impacting productivity, morale,…
The trade balance measures the difference between a nation's exports and imports. A surplus indicates more exports than imports, while…
Tracker funds, also known as index funds, passively replicate a specific market index. They offer diversification and lower fees compared…
A terminal bonus, often called a sign-on bonus, is an upfront payment given to a new employee. It's used to…
Term assurance provides life cover for a fixed period. If the insured dies within this term, a lump sum is…
A teaser rate is a temporarily low interest rate offered on financial products like credit cards or mortgages. It aims…