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Accident insurance
Accident insurance is a financial product which, in return for a regular payment, protects policyholders against the financial impact of having an injury and needing to take time off work to recover.
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Act of God
An act of god is an unpredictable and unpreventable event which is not caused by human actions.
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AER
The Annual Equivalent Rate is the rate of interest you should receive on savings – as long as you don't withdraw money from the account.
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Air Passenger Duty
Air passenger duty is a departure tax levied on most air travel.
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Alternative investments
An alternative investment is an investment in a product that is not traded on a public exchange or in a traditional savings account.
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Amortisation
Amortisation is the process that accountants use to acknowledge that assets are worth less as time goes on.
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Annuity
An annuity is a contract between an investor and an insurance company.
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APR
The Annual Percentage Rate is the true cost of borrowing.
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