Maxi ISA
A maxi ISA (Individual Savings Account) is a tax efficient investment plan where all the funds are placed with a single provider in any one tax year. The total amount invested must currently not exceed £7,000. The fund can be split between cash (£3,000), shares (£7,000) and insurance (£1,000).
The Finance Section Glossary
Currently viewing The Finance Section terms beginning with letter: A