Stocks and shares ISA

Individual ISAS that invest in stocks and shares. For this purpose, stocks and shares include: unit trusts; investment trusts; open ended investment companies; investments on any recognised Stock Exchange; corporate bonds; shares held in a savings-related share option scheme; and gilts.

Storage risk

Fire insurance term in respect of warehouse storage of property in bulk. The risk depends on the nature of the goods and any increase in risk due to the way they are stored. Even nonhazardous goods may be rated-up when stored in bulk.