offered

Terminal Bonus

A terminal bonus, often called a sign-on bonus, is an upfront payment given to a new employee. It's used to…

3 weeks ago

Teaser Rate: Understanding Introductory Interest Rates

A teaser rate is a temporarily low interest rate offered on financial products like credit cards or mortgages. It aims…

3 weeks ago

Sub-prime Loans Explained

Sub-prime loans are mortgages offered to borrowers with poor credit history. They often come with higher interest rates and fees…

3 weeks ago

Libor Rate: Understanding the Benchmark Interest Rate

The London Interbank Offered Rate (Libor) was a key benchmark interest rate reflecting the average interest rates at which major…

3 weeks ago

Individual Savings Account (ISA)

An Individual Savings Account (ISA) is a tax-efficient savings or investment wrapper available in the UK. It allows individuals to…

3 weeks ago

Guaranteed Annuity Rate

A guaranteed annuity rate secures a future interest rate for your annuity, protecting it from market fluctuations. This ensures a…

3 weeks ago

Golden Handcuffs: Understanding Financial Incentives in Employment

Golden handcuffs are financial incentives designed to retain employees, often through stock options or deferred compensation. They aim to keep…

3 weeks ago