pep

Multiple Entries:
  pep    PEP    personal equity plan  

Concise Oxford English Dictionary © 2008 Oxford University Press:
pep /pep/ informal

▶verb (peps, pepping, pepped) (pep someone/thing up) make someone or something more lively. ▶noun energy; liveliness.

– origin early 20th cent.: abbrev. of pepper.

Concise Oxford English Dictionary © 2008 Oxford University Press:
PEP/pɛp/

▶abbreviation Brit.

• 1 personal equity plan.

• 2 Political and Economic Planning.

Concise Oxford English Dictionary © 2008 Oxford University Press:
personal equity plan (abbrev: PEP)

▶noun (in the UK) an investment scheme whereby personal investors may invest a limited sum each year in shares or unit trusts in British companies without liability for tax on dividends or capital gains.