Glossary
Glossary of terms and acronyms related to Australian banking, finance and investments.
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- Negative Gearing
- Negative gearing is a strategy wherein an investor takes out a loan to buy an asset, but the asset does not generate enough income to cover interest on the loan. In Australia, it usually refers to th... view full definition of "Negative Gearing"
- Non-conforming loans
- Non-conforming loans are loans that do not meet the banking criteria for lending money, such as going over the loan limit, lack of collateral or documentation, poor credit, or an unusual loan purpose... view full definition of "Non-conforming loans"
- Non-recourse loan
- A non-recourse loan is a loan that is secured against a property, but does not hold the borrower personally liable for the loan. In a non-recourse loan, your lender can take your home for repayment, ... view full definition of "Non-recourse loan"
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