Means that average prices are rising, but the purchasing power of money is declining, and it leads to an increase in the cost of living.
This simply means the total amount of money in the economy at any time in all its different forms.
The bank that manages a national currency, sets interest rates, manages the money supply and holds reserves of money under its control.
A company is a business that trades as a legal entity and is regulated by Companies House.
The official rate of interest set by the Bank of England: its purpose is to regulate inflation.
Is the chance you take that something might go wrong in one way or another.
Someone who has taken money in the form of a loan and has to pay it back.