IFA Jargon Buster

The world of finance can be confusing. If you're unsure of some technical terms, explore our handy jargon buster to see the definition.

This provides cover, in the short term, against the loss of profits likely to be suffered by a company following the death or critical illness of a key employee.

Also known as an illustration, this is a document clearly setting out the terms and conditions of a financial product such as a mortgage, pension, insurance policy or investment.