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Managing my money
Managing my money

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Managing My Money Glossary

Glossary of terms used in Managing My Money.


Browse the glossary using this index

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N

National Insurance contributions

Contributions from both employees and employers, which form the basis for paying state benefits related to unemployment, sick pay and pensions.

Net income

Income after deductions such as Income Tax and National Insurance.

Nominal value

The face value of a bond. The amount, excluding interest, the investor gets back on the maturity of the bond.