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Demo environment. Sample data and demo handoffs only — no real accounts or transactions.

Financial glossary

Every term, in plain English

74 words you’ll meet on fund pages, statements and policy documents — each with a short definition, a worked example where it helps, and the tools that put it to use.

Most looked up

3 of 74 terms in Retirement

Terms starting with A

  • Annuity

    A contract, usually bought from a life insurer with a lump sum, that pays you a regular income for life or for a set period.

    Retirement

Terms starting with N

  • NPS

    National Pension System

    A voluntary, market-linked, defined-contribution retirement scheme regulated by PFRDA, in which contributions build a corpus for retirement.

    Retirement

  • NPS Tier 1 and Tier 2

    The two NPS account types: Tier 1 is the core pension account with withdrawal limits; Tier 2 is an optional, flexible savings account.

    Retirement