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English definition of “mini ISA”

mini ISA

noun [C]
 
 
BANKING, FINANCE
a financial product in the UK that allows you to invest in shares, etc. without paying tax on the interest: Mini-ISAs based on shares or insurance bring some risk, whereas those based on cash give a fixed return. →  Compare cash ISA , equity ISA , maxi-ISA , mini-cash ISA
(Definition of mini ISA from the Cambridge Business English Dictionary © Cambridge University Press)
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