The world of finance is complicated enough, without all the fancy words and obscure terms.

In common with many businesses, financial services has a large number of abbreviations and technical terms that may well be unfamiliar to the man in the street, so we have included this Jargon Buster to help you understand what is being discussed or offered and to make sense of some of the terminology used in the financial world.

Please note that the definitions provided are meant only to be a guide to finance terminology. Some of the terms used may well have other definitions and different terminology might well be used by other organisations.

None of the definitions should be read as providing a complete description of the term to which they apply and readers should seek more detailed information when considering taking any actions in respect of any financial decision you make.