Jargon used by financial companies can be confusing for consumers, according to one expert.
Gill Stephens, spokesperson for National Savings and Investments (NS&I), suggested it could be "quite common" for people to not fully understand the terminology used.
However, she said it is "important" that people "get to grips with" the language financial companies use.
According to Ms Stephens, 33 per cent of people in the UK find financial language "annoying".
"We really need to make it easier for people to understand what products offer what, and what products are suitable for them, or not suitable as may be the case," she commented.
Earlier this year, NS&I launched a new website – You and your money – to offer independent information for people making important financial decisions.
In addition to information about specific types of products, the site features a "dedicated jargon-buster" guide to ensure people understand the financial terminology used by providers.
