The right of employees, male or female, to take time off from their job following the birth of their partner’s baby. Entitlement to Paternity Leave depends on how long they have been with their employer.

An employee benefit paid to partners of pregnant women so they can take time off from their job after the birth of the baby to give support to the mother. Entitlement to Paternity Pay depends on how long the partner has been with their employer.

A person who purchases goods or services, often on a regular basis, from a shop or company. A benefactor or sponsor who supports and/or gives money to an individual or an organisation, such as a charity.

A money lender who lends cash at a high rate of interest in exchange for the borrowers personal possessions, such as jewellery, as security, which is returned when the loan is fully paid. If the loan is not repaid the Pawnbroker sells the item.

Refers to a method of paying for a service as you use it, such as mobile phone credit. Also can be used to pay debts as they are incurred.

A cheque, security, etc., which can be exchanged for money by the person in possession.

Pay As You Earn. In the UK, a system of paying income tax, which is deducted from an employees salary by an employer and paid to the government.

An agent, usually a bank, that makes dividend payments to shareholders on behalf of the issuing company.

A system of paying employees according to the amount of work they do. Therefore, the bigger the volume of work output, the bigger the salary.

Also known as Dividend Payout Ratio. The percentage of a company’s net earnings paid to shareholders in dividends.