Jargon Buster
A glossary of commonly used consumer finance terms
Within all aspects of consumer finance: Mortgages, Loans, Credit Cards or Savings the use of jargon and accepted industry terms is widespread. Our comprehensive jargon buster explains what those terms mean in an effort to demystify consumer finance.
Unit Trust
Managed investment funds commonly involving shares.
Unsecured Loan
A loan issued by a lender without the need for the borrower to provide security. The decision to grant the loan is based on credit history and status. It can be used for any purpose. It is also known as a personal loan or an unsecured personal loan.