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.
QUALIFYING SERVICE
If you join a defined benefit pension scheme, this refers to the length of time that you have been a member of the scheme plus any additional years you've bought or acquired by transferring your pension from a previous job.

QUARTILE
When investment funds are ranked according to their performance, they will be placed in one of four quartiles. The top quartile represents the best performing 25% of funds (generally in a particular sector and across a particular time frame).