Estate Planning Financial Glossary

What is it? Arranging to make sure your assets pass in an orderly and efficient manner to those who you want to have them after your death.

Finance Term Definition Added By: Devin

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Other Similar Finance Terms:

Financial Term Accumulation Unit is Type of unit in a unit trust where the income is reinvested automatically, thereby increasing the price of the unit.

Financial Term AGM is Annual General Meeting. The annual meeting where shareholders formally approve the directors actions on their behalf during the past financial year and adopt the Annual Report and Accounts. It is also the meeting at which Directors generally retire and are formally appointed.

Financial Term Executive officer is An employee of a listed company who holds a position of responsibility but does not sit on the board e.g. company secretary, head of personnel

Financial Term Council Tax is A tax charged on domestic householders based on their property band. There are eight bands of property values. The amount paid will depend on which band your property is in. A reduction for empty properties or if you live on your own. In Warwickshire, the district or borough council issues Council Tax bills and collects the Council Tax.

Financial Term Appreciation is The increase in value of an investment over time.