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Widows and Orphans

Definition of 'Widows and Orphans'

Mythical creatures symbolising clients who are very risk averse and financiallu unsophisticated.

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Related Terms

European Coal and Steel CommunityChicago Mercantile ExchangeEuropean CommunityTreasury ManagementBank for Internation SettlementsBid Offer SpreadJust-in-Time Stock HoldingPerfect MarketStock Exchange Electronic Trading SystemTrade UnionTreasuryAntitrustAuditorBank of EnglandBankruptcyBenefit DistributionBusiness AngelsCash and CarryCentral BankCentral Securities Depository (CSD)

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