Terms Annuity - A payment at regular intervals of a certain sum of money for a term of years or during the life of an individual. Assets - Everything that a person or company owns or has a right to, from which a benefit can derive. Net assets are assets in excess of liabilities.
Liquid assets are assets either in the form of cash or readily convertible into cash.
At call - Funds which can be withdrawn on demand or without notice. Balanced Trust - Balanced Trusts invest in the broadest spectrum of investment markets, including shares, listed property trusts and government securities. The main advantage in making this type of investment lies in the flexibility afforded to their fund managers in being able to alter the investment composition of the trust in the light of changing economic and investment conditions to pursue the best results. Blue Chip Stock - Shares in a well established company highly regarded in financial circles. Cash trusts operate with a trust deed, a trustee overseeing activities and a management company responsible for the investment strategy.