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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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R

Redistribution of income

The process of re-allocating income to achieve social objectives, usually the creation of a 'fairer society' through a more equal distribution.

Registered civil partner

A same-sex partner treated in the same way for tax, benefit and most legal purposes as a husband or wife. Two people of the same sex can form a civil partnership by signing a registration document.

Repayment mortgage

A mortgage where the periodic repayments made to the lender are the sum of the interest due and an amount of the original capital (or 'principal') sum borrowed.

Risk-aversion

Preferring a lower but more certain financial return rather than a higher but less certain return.