IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-12998-0_8.html
   My bibliography  Save this book chapter

Investments

In: UK Gaap

Author

Listed:
  • Mike Davies

    (Ernst & Young)

  • Ron Paterson

    (Ernst & Young)

  • Allister Wilson

    (Ernst & Young)

Abstract

Investments come in so many different forms, and may be held for such different purposes, that it can be difficult to formulate a precise definition of them. Although not directly relevant to financial reporting, the Financial Services Act 1986 includes the following in its definition of an investment: shares and stock in the share capital of a company; debentures, including debenture stock, loan stock, bonds, certificates of deposit and other instruments creating or acknowledging indebtedness including those issued by public bodies; warrants or other instruments entitling the holder to subscribe for any of the above; certificates or other instruments which confer property rights in respect of the above, rights to acquire, dispose of, underwrite or convert an investment, and rights (other than options) to acquire investments other than by subscription; units in collective investment schemes including shares in or securities of an open-ended investment company; options to acquire or dispose of currency, gold or silver, or any investment as defined in the Act, including other options; futures; contracts for differences and similar instruments; long-term insurance contracts; and rights and interests in any of the above.1 Each of these is further described in some detail by the Act.

Suggested Citation

  • Mike Davies & Ron Paterson & Allister Wilson, 1992. "Investments," Palgrave Macmillan Books, in: UK Gaap, edition 0, chapter 0, pages 545-566, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12998-0_8
    DOI: 10.1007/978-1-349-12998-0_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-12998-0_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.