Meaning of “cash ISA” in the English Dictionary

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"cash ISA" in Business English

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cash ISAnoun [ C ]

uk us

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)