cash ISA - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “cash ISA”

cash ISA

noun [C]
 
 
FINANCE a type of ISA (= a UK tax-free savings account) which is used for saving cash rather than one investing in stocks or shares: The return from a cash ISA has dropped sharply in recent years as interest rates fell.
(Definition of cash ISA from the Cambridge Business English Dictionary © Cambridge University Press)
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