Common
terms & definitions
 Annual
Percentage Rate (APR)
APR or the Annual Percentage Rate is the interest rate charge
on your loan. This takes into account the interest payable
over the term of the loan as well as any other related charges
or fees.
Asset
An asset is any property with monetary value (i.e. real
estate, equipment, savings, investments).
CAT Marked
An ISA is “CAT Marked” if it follows the voluntary
CAT guidelines provided by the Government.
Deposit
The money you put into a bank account.
Income
The total amount of money you receive from all sources,
including wages, bonuses, commissions, government
or retirement benefits,
compensation claims interest and dividends on all
investments. . |
