Also known as Begware. Computer shareware that periodically displays messages on your computer screen prompting you to register for a product and/or pay a fee.

Also known as Uncovered Debenture. A company’s loan or debt which is not backed by any security, i.e., the company’s assets.

Also called M1. A country’s money supply which can be exchanged, for example coins, bank notes, bank cheques, travellers cheques, etc.

A brand or product which is available nationwide rather than a local brand which is available in only one area of the country.

The total amount of money owed by a nation’s government.

(NI) In the UK, contributions made to the government by employers and employees which provide payments to the sick, retired and unemployed.

(UK/US English spellings) To convert a business or industry from private ownership to government control and ownership.

In business, the process of reducing the number of employees by not replacing those who have left their jobs, rather than by redundancy or dismissal.

A document which states that goods, or any part of the goods, were not produced in a country from which the buyer refuses to accept goods or produce.

A term commonly used in the property market during a recession when a property is worth less in value than the outstanding balance of the loan with which it was purchased. This usually only affects the borrower if they need to sell the property during this time.