Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

TESSA

noun [C]
 
 
/ˈtes.ə/

Definition

abbreviation for Tax Exempt Special Savings Account: a savings account in the UK, replaced by the ISA in 1999, in which no tax was paid if the investment was kept for five yearsSaving and savings accounts
(Definition of TESSA noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
Focus on the pronunciation of TESSA