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Personal property |
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Personal propertyAny assets other than real estate.Personal property Similar MatchesGeneral personal equity planGeneral personal equity planSee 'personal equity plan'. Personal ledgerPersonal ledgerA book in which the personal accounts of a company are kept that is, the sales ledger and the purchase ledger. See 'ledger'. Personal incomePersonal incomeA person's total income which includes salary, transfer payments, dividend and interest income etc. Personal Property LoanPersonal Property LoanA loan which is secured by both real and personal property. The minimum ratio of personal to real property is set by law. The credit of the borrower is a major consideration in making the loan. Appropriate personal pension planAppropriate personal pension planA pension plan in which employer and employee pay full rate National Insurance contributions equivalent to the employee contracting into S2P. This rate will be greater than the rate paid by contracting out of S2P.The difference between these rates, the contracted-out rebate, is paid by the Government into a scheme known as an appropriate personal pension plan which buys pension benefits at retirement age known as protected rights. Provided an employee qualifies, incentive payments may also be paid by the Government into the scheme.The contracted-out rebate plus any incentive payments are known as minimum contributions. Payment of minimum contributions into an appropriate personal pension plan results in a reduction of S2P benefit at retirement age as though the employee had contracted out through a final salary related scheme. Further Suggestionspersonal accountsPersonal trust personal accident and sickness insurance Personalization umbrella personal liability insurance Personal tax view (of capital structure) personal accident insurance Personal inflation rate Personal search personal loan personal equity plan personal pension plan additional personal allowance Personal exemption personal possessions Personal income Personal pension personal exemption Personal Investment Authority personal identification number Umbrella personal liability policy personal pension scheme Personal article floater group personal pension personal allowance |
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