debtor - a person or company that owes money - needs to pay out, creditor - a person a company that is owed money - will be paid by others, cash ISA - Savings where the interest is not taxed. You can get cash ISA savings accounts in a bank or building society., stocks and shares ISA - Savings that are invested in shares and you don't pay tax on extra earned. , gross pay or profit - the amount of pay or profit before the tax is taken off, net pay or profit - the amount of pay or profit you get after the tax has been taken off., PAYE - A government system for collecting tax - Pay As You Earn, per annum - per year, repayment - when you pay back a loan or the amount you need to pay back, standing order - an instruction to the bank to make regular payments to a person or company that you can change yourself., direct debit - a regular direct payment from your bank to a company, that you can only change by contacting the bank., NI number - National Insurance number. This keeps a record of how much National Insurance you have paid., tax code - A code that shows how much Income Tax and National Insurance you should be paying each year. It includes your personal allowance (the amount you can earn without paying tax., APR - Annual Percentage Rate - how much interest you will need to pay per year, credit rating - An estimate of your ability to pay, credit union - Not-for-profit financial organisations. They exist to serve their members - for saving and lending., (The) FSA - The Financial Service Authority - responsible for checking all financial companies., payday loan - a loan with a high rate of interest that should be repaid the next time the person gets their wages,

Financial Terms E3 MATCH

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