Savings Scheme

Child Trust Fund (Baby Bond)
A Child Trust Fund (CTF), also known as a 'baby bond,' was a UK government-backed savings scheme introduced to provide a financial start for children born on or after 1 September 2002. The funds are designed to mature when the child turns 18.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.