Glossary

Glossary of terms and acronyms related to Australian banking, finance and investments.

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

Strata Title

A strata title is used to designate ownership of a building unit, rather than a full piece of land. It is usually applied to flats, apartments and condominiums. Holders of a strata title own part of the land that the building stands on, as well as the 'air space' occupied by their unit. The title also gives them a freehold ownership, full share of the common property, membership to the body corporate (somewhat like a homeowners' association), and allows them to sell, lease, or transfer the unit at their discretion.

Aussie MasterCard Credit Card

You don't need to be an Aussie customer

Citibank Clear Credit Card

Ongoing low interest rates

NAB Low Rate Visa Credit Card

Live life at a great rate

Calculate what is best for your financial situation with the Banks.com.au Online Calculators.

Top 5 Calculators

Banks.com.au is an independent reviewer of the Australian financial sector. Banks.com.au is not an Australian registered bank, building society or credit union.
Banks.com.au is a privately owned information portal and is in no way a part of or associated with any financial institution.