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- BPay
- BPay is an electronic payment system offered by many Australian financial institutions. It allows consumers to pay bills through their Internet Banking or Phone Banking enabled accounts. Most banks o... view full definition of "BPay"
- Basic Rate
- The basic rate is a variable interest rate generally lower than the standard. It is commonly applied to basic or 'no frills' loans, where lower fees are offered in exchange for less flexibility and f... view full definition of "Basic Rate"
- Basic Variable
- Basic variable is a special loan program offering lower interest rates than the standard variable rate loan. In exchange for the lower fees, many of the common features are taken away, including mort... view full definition of "Basic Variable"
- Basic or 'no frills' loans
- Basic or 'no frills' loans are a type of home loan featuring a lower interest rate in exchange for fewer features and flexibility. Many basic or no frills loans do not allow extra repayments, redraws... view full definition of "Basic or 'no frills' loans"
- Body Corporate
- A body corporate is an organization formed by the unit owners of an apartment or strata building. Members elect a council and officers and manage the day-to-day building operations, including mainten... view full definition of "Body Corporate"
- Break Costs
- Break Costs refer to charges or penalties incurred when you decide to pay out the full amount of a loan before the fixed term is over. For example, your bank will charge you a break cost when you pay... view full definition of "Break Costs"