Joint or separate wills made as a result of an agreement between the parties to create irrevocable interests in favour of ascertainable beneficiaries.

The transportation of goods by sea, air, land (rail and road), or a combination of these.

The state earnings-related pension is an extra state pension that employed people could earn up to 5 April 2002, by paying extra National Insurance contributions once their earnings reached the lower earnings limit.

A charge on land registrable under the Land Charges Act 1972, s 2(4).

An assignment is 'an immediate transfer of an existing proprietary right, vested or contingent from one party to another'. Assignments can occur by consent or by operation of law.

The principal forum for the hearing of employment related complaints between an employee and employer.

The time period during which court action must begin.

This is one of the groups of regulated investments defined in the Regulated Activities Order (the other groups being identified as securities and others).

A person who is engaged by the employer as an office holder, for example a Director of a Board.

The document often provided by a contractor setting out prices against units and items.

A multilateral system, operated by a UK investment firm or a market operator, which (a) brings together multiple third-party buying and selling interests in financial instruments (in the system and in accordance with non-discretionary rules) in a way which results in a contract, and (b) complies, as applicable, with (i) paragraph 9A of the Schedule to the Recognition Requirements Regulations (ii) the EU Regulations specified in Schedule 2 to UK MiFIR (iii) rules made by the competent authority governing the operating conditions of investment firms so far as they apply to MTFs, and, for the purposes of this definition, an investment firm or market operator is a UK investment firm or market operator if it has its head office in the UK. Definition from Article 2(1)(14A), Retained Regulation (EU) No 600/2014 (UK MiFIR). AIM is a UK multilateral trading facility.

A lock-out or exclusivity agreement prevents one or both of the parties from negotiating with anyone else on certain terms.