Financial Services Compensation Scheme

Financial Services Compensation Scheme,

How Do You Define Financial Services Compensation Scheme?

The Financial Services Compensation Scheme (FSCS) is a safety net for customers of financial services companies. You pay damages when a licensed company cannot settle a claim against you, usually because the company has closed. These projects are industry-funded and include reserves, insurance and investment.

The Financial Services Compensation Scheme (FSCS) is a UK legal compensation scheme for customers of licensed financial services companies. This means that FSCS can file claims if the company cannot or will not make claims.

Literal Meanings of Financial Services Compensation Scheme

Financial:

Meanings of Financial:
  1. With regard to financial matters

  2. Financial status or financial status of an organization or person.

Sentences of Financial
  1. Independent financial advisor

  2. You need to be careful about your finances, especially your cash flow.

Synonyms of Financial

business, economic, commercial, pecuniary, budgetary, accounting, money, banking, fiscal, monetary, investment

Services:

Meanings of Services:
  1. The act of helping or working with someone.

  2. Systems that meet public needs such as transport, communications or utilities such as electricity and water.

  3. Perform routine maintenance or repair work (vehicle or machine).

  4. Homosexuality with (female) (male).

Sentences of Services
  1. Millions of people are involved in volunteering.

  2. Make sure gas supplies are delivered regularly.

  3. One dog can possibly produce several dogs in one day.

Synonyms of Services

check, go over, aid, offices, solution, kindness, assistance, repair, amenity, favour, resource, servicing, helping hand, routine check, overhaul, utility, help, system, good turn, act of assistance, maintain

Compensation:

Meanings of Compensation:
  1. Some, usually money, given to someone in recognition of loss, injury or injury.

  2. The process of hiding or compensating for psychological problems by moving in different directions.

  3. The amount an employee receives from the employer in the form of wages or salaries.

Sentences of Compensation
  1. Claims for work accident compensation.

  2. Submit your resume and current remuneration to Executive Search Consultants.

Synonyms of Compensation

indemnity, requital, repayment, meed, remuneration, damages, redress, recompense, guerdon, payment, satisfaction, reimbursement, indemnification, comp, reparations, solatium

Scheme:

Meanings of Scheme:
  1. Large-scale planning or arrangement to achieve a specific goal or implement a specific idea.

  2. Social Housing Park

  3. Planning, especially indirectly or with the intent to do something illegal or wrong.

  4. Sort by color scheme.

Sentences of Scheme
  1. Company Health Insurance

  2. The whole outline is bathed in darkness, blocking the light in the winner's house.

  3. She is busy arranging flowers, making candles and napkins.

Synonyms of Scheme

idea, measure, complot, design, conspire, wheeze, hatch a plot, proposition, stratagem, take part in a conspiracy, venture, procedure, project, move, course of action, shift, plot, enterprise, plan, programme, recipe, connive, formula, game plan, system, manoeuvre, device