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What is an ISA?

What is an ISA? Here are some definitions.

Noun
  1. (computing) Instruction set architecture.
  2. (Britain, finance) Individual Savings Account, a financial account for investment with special tax rules.
  3. (accounting) International Standard on Auditing, one of a set of professional standards for the performance of audits of financial information issued by the IAASB.
  4. isosaccharinic acid
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You can reinvest the capital you put into your TESSA, but not the interest, in a Tessa Only ISA, or TOISA for short.
There is a baffling array of ISA funds out there, offered by a vast number of investment companies.
However, since speeding is associated with higher accident proneness, ISA would typically be a safety measure.
The ISA and the family health plan have superseded tequila slammers, banned substances and adventurous girls called Tammy.
The ISA wrapper protects your investment from income tax and capital gains tax, which is a good thing for most investors.
The ISA agent pushed the thoughts aside and looked at the time on the midship's computer.

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