IFA Financial Glossary

What is it? Independent Financial Adviser - an independent expert who is authorised to sell or advise on the policies offered by insurance companies, as well as other financial service providers, such as banks and building societies.

Finance Term Definition Added By: Anna

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Other Similar Finance Terms:

Financial Term Servicing is Same as mortgage servicing. See also mortgage servicing.

Financial Term Title insurance is An insurance policy that protects the holder of the insurance; that is, the property owner, from loss sustained by defects in the title to the property. (Not mortgage insurance.)

Financial Term offer or offered price is The trading price proposed by the prospective seller of securities. Also called the asked or asking price.

Financial Term Seasoning is The length of time payments have been made on a note or other debt instrument.

Financial Term Public service agreement is An agreement made between a local authority and central government containing a set of agreed stretched targets for improving services. If the council meets these targets it will receive additional funding from central government, together with greater freedoms and flexibilities from regulations.