Financial Dictionary.
This is a browseable and searchable reference tool for terminology
relating to UK-based personal finance and financial products.
You can browse alphabetically, or search for a specific term.
Premium
Definition: The monetary amount of contributions (which can be monthly, annually or single) that are made into an insurance, investment, or pension contract by the policyholder. The term 'premiums' is generally used to define payments into contracts where the benefits are not tangible or immediately realisable. Another definition of 'premium' is used in the context of Investment Trusts, when share price of a specific trust is trading at a higher price than the value of its underlying assets (i.e. its investment holdings).
Recent Financial Topics
Among the companies with reports and trading updates today are Ocado, Hipgnosis Songs Fund, Entain and Beazley.
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Customers who opened HSBC's one-year fixed rate Isa say they have been unable to see the new Isa they opened or the money they transferred in.
I transferred £61,000 into a new HSBC Isa - and my money vanished
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Founding board member of Sir Martin Sorrell's S4 Capital Paul Roy will retire from the company in June after six years in the role.
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