Finance has a language all of its own, while some companies seem to enjoy using incomprehensible terms. SavvyWoman’s jargon buster will help you to make sense of the terms you may not be familiar with.
KEY FACTS
If you ask for information or a quote about a financial product (such as a mortgage or pension) you will be given 'key facts' documents, which set out the information in a standard way so you can compare several different options. The financial regulator, the Financial Services Authority, lays down the rules about how the information should be set out.