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Financial Assets Financial Glossary

What is it? Securities that have a claim on assets.

Finance Term Definition Added By: Cameron

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Other Similar Finance Terms:

Financial Term Trust Fund is Property held in trust. This term originally applied only to money held in trust, but is frequently used when referring to all property held in trust.

Financial Term Impound account is Same or similar to escrow account. See also escrow account.

Financial Term Reconciliation is A reconciliation explains how figures are worked out, and shows how they are used in different statements in our accounts.

Financial Term Deed of Trust is Used in many western states, the agreement used to pledge your home or other real estate as security for a loan (to secure a lien on a property). Similar to a mortgage.

Financial Term Mini ISA is A tax-free savings account that allows you to invest up to 3,000 each year in cash savings or stocks and shares or up to 1,000 in life insurance investments. You can have one of each type of mini ISA in each tax year.