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- AAPR
- The Average Annual Percentage Rate (AAPR) calculates the actual rate of a loan by taking into account interest rates, upfront and ongoing fees, and other costs not included in the advertised rate. Kn... view full definition of "AAPR"
- ABIO
- The Australian Banking Industry Ombudsman (ABIO) is an independent body that handles disputes between individuals and financial institutions. Customers can use the ABIO to file complaints against a b... view full definition of "ABIO"
- ATM
- ATM stands for automatic teller machine, a public device that lets you make withdrawals, deposits, balance inquiries, and other transactions without the need for an actual teller. ATMs let you access... view full definition of "ATM"
- Accrued interest
- Accrued interest is interest that has been recognized, but not yet paid or charged. It can accumulate starting from the principal payment or the last interest payout. Accrued interest occurs when th... view full definition of "Accrued interest"
- Additional Repayments
- Additional repayments are payments you make above the minimum monthly requirement on a loan. It is commonly used to reduce the term of the loan or lower the monthly repayments. Most home and personal... view full definition of "Additional Repayments"
- Adjustments
- Adjustments are fees paid by the buyer of a home for utility expenses such as phone, water and electricity. The expenses are paid in advance by the seller for future services. The fees are pro-rated ... view full definition of "Adjustments"
- All In One Loan
- An all in one loan allows you to deposit your savings, income, and other funds into your loan, and easily withdraw them as needed. As with other loans, interest is computed every day, so any funds yo... view full definition of "All In One Loan"
- Amortisation Period
- The amortisation period is the time frame during which a buyer is expected to pay off a loan and its interest. Payments are made in regular intervals over the term, with either a fixed or adjustable ... view full definition of "Amortisation Period"
- Annual Percentage Rate
- The annual percentage rate (APR) refers to the effective interest rates charged to the borrower, taking one-time expenses such as opening fees into account. It is used to determine the total cost of ... view full definition of "Annual Percentage Rate"
- Annual fee
- An annual fee is an ongoing fee charged to the borrower in a loan, as well as credit card holders, as payment for keeping their account active. Sometimes called administration or account keeping fees... view full definition of "Annual fee"
- Application Fees
- Application fees are charged to the borrower or consumer to cover the initial costs of the loan approval process. Also called origination fees, they may constitute a fixed amount or range in value fr... view full definition of "Application Fees"
- At call
- "At call" is used to describe funds that are accessible at any time, instead of being locked away like term deposits. It generally applies to account access, but not necessarily to withdrawals and si... view full definition of "At call"