Individual Savings Account

Definitions

Accounting

• noun a British scheme by which individuals can invest by putting a limited amount of money each year in a tax-free account.

Economics

• noun a scheme by which individuals can invest by putting a limited amount of money each year into a tax-free account. ISAs replaced PEPs and TESSAs and money from maturing TESSAs can be reinvested in ISAs.

Nearby Definitions of “Individual Savings Account”

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Contexts for “Individual Savings Account”

2 definitions in context
• Accounting
• Economics