Financial Dictionary - F

Article Index


FID

(Financial Institutions Duty) state duty on the receipts of financial institutions.

Fittings

items that can be from a prompter without causing damage to it.

Fixed Interest

an interest rate set for an agreed term.

Fixtures

items that would cause damage to a property if removed. Their removal must be stipulated in the contract of sale and any damage made good by the seller.

Freehold

the dwelling and the land on which it stands is owned by the owner indefinitely.

Frozen Account

an account in which all transactions have been suspended.