General Glossary

General Glossary

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In general, an individual with a legal document in their name that grants them a right or ownership of something. In the context of current and savings accounts, it is the person in whose name these products are opened.

Home savings account  
Bank account or margin deposit which enjoys certain tax benefits, provided that the amounts deposited are destined exclusively for purchasing or renovating the first main residence. The tax discount is subject to a quantitative amount and the duration of the margin deposit is also limited in time.