Jargon buster

Find financial terminology hard to follow? Here's a quick guide to all the commonest terms - and what they mean to you.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Compound interest

This is interest earned on interest and can make a big difference to the value of long-term savings.

Comprehensive insurance

This is a form of car insurance and includes cover against third party claims, fire, theft and any accidental damage to your own car.

Cover

Protection provided by an insurance policy.

Cover Note

A temporary certificate confirming that an insurance policy is in force.

Credit

Allows you to buy goods and services before you pay for them.

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Sainsbury's Finance is a trading name of Sainsbury's Bank plc. Sainsbury's Bank, registered office 33 Holborn London EC1N 2HT (registered in England no. 3279730)
is authorised and regulated by the Financial Services Authority.