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English definition of “maxi-ISA”


noun [C]    
FINANCE in the UK, an ISA (= an investment account on which you pay no tax) that places all the money invested for the tax year with a single financial organization: A maxi-ISA currently allows you to invest up to £7,000 in shares.
(Definition of maxi-ISA noun from the Cambridge Business English Dictionary © Cambridge University Press)
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