Personal Equity Plan
noun /ˌpɜːsənl ˈekwəti plæn/
/ˌpɜːrsənl ˈekwəti plæn/
(abbreviation PEP)
- a savings scheme in Britain from 1987 to 1999. People who bought a Personal Equity Plan could invest a limited amount of money in companies and did not have to pay any tax on the profits they made. The system was replaced by the ISA.
个人股权计划：1987年至1999年在英国的一项储蓄计划。购买了个人股权计划的人可以在公司中投资少量资金，而不必为所获利润缴税。该系统已被ISA取代。