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Jargon Buster
Jargon Buster
ACCEPTANCE LETTER - WHAT IS AN ACCEPTANCE LETTER?
AN ACCEPTANCE LETTER IS AN OFFER OF LIFE ASSURANCE, SETTING OUT THE TERMS.
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A - Z of Finance...
Acceptance Letter
Actuary
Additional Voluntary Contributions AVCs
Allocation Rate
Annual Management Fee
Annuity
APR
Base Rate
Beneficiary
Bid price
Bid/Offer Spread
Bonus
Buy-to-let
Capital Gains Tax CGT
Capped Rate
Cashback
CAT Standards
Collective Investment
Compound Interest
Compulsory Purchase Annuity
Contracting Out
Convertible Term Assurance
Conveyancing
Corporate Bond
Corporation Tax
Critical Illness Cover
Decreasing Term Assurance
Derivatives
Discounted rate
Dividend
Endowment
Equity Release
Execution Only
Family Income Benefit
Final Salary Pension Schemes
Financial Services Authority FSA
Fixed rate
Free Standing Additional Voluntary Contr
Freehold
FSAVCs
FTSE Actuaries' All-Share Index
Fund Manager
Futures
Gilts
Gross Interest
Group Personal Pension GPP
Guaranteed Growth Bonds
Guaranteed Income Bonds
Illustration
IMRO
Income Draw-Down or Withdrawal
Income Tax
Index Tracking
Individual Savings Account ISA
Inflation Retail Price Inflation or RPI
Inheritance Tax
Instant Access Account
Interest Only Mortgage
Intestate
Investment Management Regulatory Org.
Investment Trust
Land Registration
Leasehold
Legal charge
Level Term Assurance
Life Assurance
Low Cost Endowment
Managed fund
Market Value Adjuster
MIRAS
Money Purchase Pension Scheme
Mortgage
Mortgage Deed
Mortgage Indemnity Premium MIP
National Insurance
National Savings
Net Interest
Net Relevant Earnings
Occupational Pension Scheme OPS
Offer letter
Offer price
Open Ended Investment Company OEIC
Options
Payment Holiday
Permanent Health Insurance
Personal Equity Plan PEP
Personal Investment Authority PIA
Personal Pension Plan PPP
Polarisation
Pound Cost Averaging
Private Medical Insurance PMI
Purchase Life Annuity
Re-mortgage
Redemption Amount
Redemption Penalty
Redemption Yield
Reduction-in-Yield RIY
Redundancy Protection Insurance
Renewable Term Assurance
Repayment Mortgage Capital / Interest
Repossession
Retirement and Death Benefit Scheme
Reversionary Bonus
Running Yield
Securities and Futures Association SFA
Securities and Investment Board SIB
Segmentation
Self-Select PEP/ISA
SERPS
Settlor
Sickness and Accident Insurance
Single Company PEP
Stakeholder Pension
Stamp Duty
State Earnings Related Pension Scheme
State Pension scheme
Tax Credit re ISA
Term
Terminal Bonus
TESSA
Title Deed
Trust
Trustee
Underwriting
Unit Linked Endowment
Unit Trust
Valuation
Value Added Tax VAT
Variable Rate
Warrant
Whole of Life Assurance WOL
With Profits Endowment
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Important Information
Modern Money are independent financial advisers who provide financial services for innovative companies to whom their people are an important asset and who recognise the value of benefits packages to both employees and directors.
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Sometimes, you know that you need life-cover e.g. when your mortgage requires it.
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Modern Money Financial Services Ltd is authorised & regulated by The Financial Services Authority
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