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					Word(s) :   ABI - Association of British Insurers - An association that brings insurance companies together to set industry standards and codes of practice. Accident, sickness and unemployment (ASU) cover - insurance taken out with a mortgage lender to cover mortgage repayments in the event of accident, sickness or unemployment. Accidental Death Benefit - Can be added to some life insurance policies and provides payment of an additional benefit in the case of death resulting from an accident. Accrual Rate - Rate at which pension benefits grow within an Occupational Pension Scheme for each year in service. Usually expressed as a fraction of final salary. ACD - Authorised Corporate Director - of a company, relating to ISAs. Act of God - An accident or event, which happens due to natural causes such as storm which no one could foresee. Actuary - A professional person trained in the technical aspects of insurance and its related fields, particularly in the mathematics of insurance. A Day - April 2006 Pensions Reform. ADD - Accidental Death and Dismemberment - loss of life or limbs through accident. Additional Borrowing - The extra money you can borrow on top of what you've already borrowed. Advance - total amount of the loan. AER - Annual Equivalent Rate - the interest you would earn in a year if you left all your monthly interest in your savings account. Affinity Card - A credit card that allows you to donate money to a charity or other worthy cause every time you make a purchase. Agent - Someone who acts on behalf of another. All-in-one-mortgage - A flexible mortgage that combines all your accounts, loans and mortgage, and has a single rate of interest. All-Risks Policy - Contents insurance that includes cover for your belongings when you take them outside the home. Allocation Rate - The percentage of your payment that is actually invested after initial charges have been taken into account. All Share Index - All the companies that are listed on the UK Stock Market. Alternative Investment Market - An index of companies hoping to get a full listing on the main stock market. AMRA - Access to Medical Records Act 1988 - An insurance company must obtain prior written consent from you before approaching any medical practitioner for a medical report about you. You have other rights including the right (subject to some restrictions) to see any report before the doctor submits it. Analyst - Person who studies particular stock markets or industry sectors and makes recommendations regarding the shares of specific companies. Annual Percentage Rate - APR - the total yearly interest charged on a loan or mortgage. Annual Management Charge - A charge, usually a percentage of the value of your investment, deducted from your investment each year. Annuity - regular payments made to you, by a life insurance company for the rest of your life in exchange for a cash lump sum or pension fund that you have accumulated. Appointed Representative - This is a salesperson, company or organisation that advises on the investment products of one single life assurance company. It can also refer to an Independent Financial Adviser who is a member of a network. APS Scheme - Approved Profit Sharing scheme - gives employees a share in their company's profits in the form of free shares. Arrangement fee - a payment made to a mortgage lender for arranging the mortgage. Assurance (more) - (chiefly British definition) Insurance providing for certainties such as death. Assignment - The transfer of one person's interest in a legal right or duty to another person or organisation. ATM - Automated Teller Machine - more commonly known as a cash machine. AVC - Additional Voluntary Contributions - the contributions you pay as a member of an Occupational Pension Scheme, to that scheme, over and above the normal contribution level in order to purchase additional retirement benefits.