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Glossary > N > "National Savings Stock Register" Definition

National Savings Stock Register

A register of government stocks (gilts) which can be purchased by the public through the Post Office at favourable rates of commission for moderate purchases and sales. Transactions are conducted by mail and interest is paid gross and is taxable. Despite the name, the Register is now administered by the Bank of England.

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National Savings Stock Register - A register of government stocks (gilts) which can be purchased by the public through the Post Office at favourable rates of commission for moderate purchases and sales. Transactions are conducted by mail and interest is paid gross and is taxable. Despite the name, the Register is now administered by the Bank of England.

National Savings Stock Register : a register of government stocks (gilts) which can be purchased by the public through the post office at favourable rates of commission for moderate purchases and sales. transactions are conducted by mail and interest is paid gross and is taxable. despite the name, the register is now administered by the bank of england.