Share this entry

personal equity plan Line breaks: per|son¦al equity plan

Entry from British & World English dictionary

(abbreviation: PEP)

Definition of personal equity plan in English:

noun

historical
(In the UK) an investment scheme whereby personal investors could invest a limited sum each year in shares or unit trusts in British companies without liability for tax on dividends or capital gains (closed to new subscriptions in 1999, when replaced by the ISA).

Definition of personal equity plan in:

Share this entry

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day luxe
Pronunciation: ləks
adjective
expensive and of high quality; luxurious