Meaning of “ISA” in the English Dictionary


"ISA" in Business English

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ISAnoun [ C ]

uk /ˈaɪsə/ us

BANKING UK abbreviation for individual savings account: an investment account in which the investor does not have to pay tax on income or on the increase in value of shares:

in/into an ISA They put £50 a month into an ISA.
ISA entitlement/limit/allowance Raising the maximum ISA limits from £7200 to £10200 will encourage investment and saving.

(Definition of “ISA” from the Cambridge Business English Dictionary © Cambridge University Press)