Finance and mortgage terms dictionary

Want to know what that finance word or phrase actually means? Our comprehensive glossary gives you an A to Z of terms and their meanings.

A   B    C   D    E   F – G – H   I – J    K   L   M   N – O   P – Q – R   S   T – U   V – W – X – Y – Z

A  Accrued Interest – Additional Securities – Additional Repayment – Adjustments – Agent – Amenity – Amortisation Period – Application – Application Fees – Appraisal – ASIC
 
 
B  Baycorp Advantage – Bridging Finance – Building inspection – Building regulations – Buyers’ Agent
 
 
C Capital – Capital Gain – Capital Gains Tax – Capped Loan -  Caveat – Caveat Emptor -  Certificate of Title – Charge -  Chattels -  Clear  Title – Cluster Housing – Collateral Security – Commission – Company Title – Comparison rate – Compound interest – Consumer Credit Code – Contract of Sale – Conveyance – Conveyancing – COSL – Covenant – Cover note – Credit History – CRAA
 
 
D Daily Interest -  Debt-to-income ratio – Deed – Default – Delinquency – Deposit – Deposit Bonds – Depreciation – Direct Debit – Disbursements – Discharge Fees – Discharge of Mortgage – Disposable Income – Down Payment – Draw Down -  DSR -  Duty (or Stamp Duty)
 
 
E Early Termination Payment – EFM – Electronic Funds Transfer (EFT) – Encumbrance – Equity -  Equity Finance Mortgage – Equity Loan -
Equity Mortgage -  Escrow -  Establishment Fees – Estate – Exchange of Contracts (or Exchange) – Exit Fee
 
 
F FBAA – Fittings – Fixed Interest – Fixed-Rate Mortgage – Fixtures – Flood Insurance – Foreclosure – Freehold
 
 
G Gearing -  Gross Income – Guarantor
 
 
H Holding Deposit – Home Equity – Home Equity Loan – Home inspection – Home Loan – Home & Contents Insurance – Honeymoon Rates 
 
 
I Inclusions – Income Statement – Indemnity – Index – Inflation – Installment – Interest – Interest Only Loan – Interest Rate – Internal Rate of Return – Introductory Loan – Inventory – Investment Property 
 
 
J Joint and Several Liability – Joint Tenants
 
 
L Land Tax – Legal Fee – Lease – Lenders Mortgage Insurance – Liabilities – Lien – Line of Credit – Loan Pre-approval – LMI – Loan – Loan Fraud – Loan to Valuation Ratio (LVR) – Lock-in – Low-doc Loans – Low Start Loan – Lump Sum Repayments – LVR 
 
 
M Margin – Margin Lending – Maturity – Maximum Loan Amount – Maximum Loan Value Ratio (LVR) – Maximum Term – Median – MFAA – Minimum Fixed Amount – Minimum Loan Amount – Minimum Lump Sum Payment – Minimum Redraw Amount – Minimum Repayment – Monthly Fees – Mortgage – Mortgagee – Mortgage Broker – Mortgage Insurance – Mortgage Manager – Mortgage Offset Account – Mortgage Originator – Mortgage Payment – Mortgage Protection Insurance – Mortgage Registration Fee – Mortgagor 
 
 
N Negative Gearing – Net Income – Non-conforming Loans 
 
 
O Offer – Offer to Purchase – Offset Account/Mortgage Offset – Official Cash Rate – Option to Buy – Origination – Origination Fee – Overdraft 
 
 
P Passed In – Portability or Portable Loan – Pre-approve – Prepayment – Pre-qualify – Principal – Principal and Interest Loan – Private Sale or Treaty
 
 
R Real Property – Re-amortise – Redraw Facility – Redraw Fee – Refinancing – Rent Purchase – Requisitions on Title – Reserve Price -
Right of Way – Rise and Fall Clause
 
 
S Search – Securitisation – Security – Service Fee – Settlement Date – Settlement Period – Shared Appreciation Mortgage – Solicitors Mortgages/Finance Mortgages – Split Loan – Stamp Duty – Standard Variable Rate – Strata Title – Sub-prime Lending – Survey – Switching Fee
 
 
T Tenants in Common – Term – Third Party Guarantee – Title Deed – Title Fees – Title Search – Torrens Title – Townhouse – Transfer 
 
 
U Unencumbered – Underwriting – Uniform Consumer Credit Code (UCCC)
 
 
V Valuation – Valuation Fee – Variable Interest Rate – Variation – Veda Advantage – Vendor Statement – Vendor
 
 
Z  Zoning