Glossary

account based pension

account based pensions

asset allocation

Assets Test

ASX 200 index

BDBN

binding death benefit nomination

binding death benefit nominations

blue chip stock

blue chip stocks

bond fund

bond funds

bring forward rule

buy/sell spread

capital gain

capital gains

capital gains tax

CGT

concessional contribution

concessional contributions

concessional contributions cap

correlation

credit risk

custodial account

discounted capital gain

discounted capital gains

diversification

diversified portfolio

EBIT

enduring power of attorney

ETF

ETFs

franking credit

franking credits

High conviction

high water mark

illiquid

in-house assets test

in-specie

Income Test

index fund

index funds

index tracker

inelastic demand

inflation

interest rate margin

interest rate risk

intrinsic value

investment grade

junk bond

junk bonds

legal personal representative

leverage

LIC

limited recourse

liquidity

liquidity premium

listed investment companies

listed investment company

loan to valuation ratio

LVR

margin lending

marginal tax rate

market cap

market value weighted index

modified duration

net tangible assets

non-concessional contribution

non-concessional contributions

non-concessional contributions cap

NTA

preservation age

price weighted index

Protected Equity Loan

reinvestment risk

reversionary beneficiary

rights issue

salary packaging

Self-funding instalment (SFI)

separately managed account

share buy-back

share buy-backs

SIS Act

SIS Regulations

SMA

small cap index

sole purpose test

term premium

the work test

value investing

volatile

volatility

yield to maturity