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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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