TESSA-only Individual Savings Account

TESSA-only Individual Savings Account
TESSA-only Individual Savings Account UK US noun [C] (ABBREVIATION TOISA)
BANKING, FINANCE a form of ISA (= a type of savings account) into which you can put money from a TESSA: »

Tessa holders can carry on earning tax-free interest by transferring their capital to a TESSA-only Individual Savings Account.


Financial and business terms. 2012.

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