London Life - Jargon Buster

Use our Jargon Buster to cut through the complicated language financial services companies sometimes use, and find out what it really means. The list is in alphabetical order so you can scroll down to look up words and their meanings:

Bank of England Base Rate
The main interest rate set by the Bank of England which is used as a guide for other interest rates.
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Bonds
These are loans to the Government (Gilts) or to Companies (Corporate Bonds). They typically have a set term and a fixed amount of interest paid twice a year over the term.
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Bonus
A sum of money that may be added to the value of your with-profits product.
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