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We have compiled a comprehensive A-Z glossary of share dealing and investment terms.


Settlement is due three working days after the trade date. This is the standard settlement period under which transactions are normally entered into.

Tax Year
A period commencing on 6th April in each calendar year and ending on 5th April in the following calendar year.

Tax-Efficient Investments
Investments which offer an element of tax exemption, reduction or deferral. The main UK investments that fall into this category are Pensions, ISAs and National Savings Certificates.

Techmark 100
The top 100 technology-based companies in the UK.

The best buying and selling prices available on ‘SETS’ or from a market maker on SEAQ in a given security.

A deal made on the London Stock Exchange, sometimes referred to as a ‘bargain’.

Treating Customers Fairly
This is an initiative that ensures you receive clear information and suitable advice to ensure you feel confident dealing in investments. For more information view our Treating Customers Fairly section.

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Aberdeen Ediston