S
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
Salary Sacrifice
An amount of pre-tax salary that an employee decides
to contribute to super or allocate to fringe benefits
instead of taking it as cash.
Sector
A group of securities with common characteristics,
such as resource sector companies or financial companies.
Security
(1) an asset traded on a financial market, such as shares
or bonds or (2) an asset pledged to ensure the repayment of a loan.
Shares
Represents ownership in part of a company. When you buy a
share in a company you become a joint owner of the business
and share in the future of that business. Also known as an equity.
Spouse Contribution
A contribution to a superannuation fund from a spouse on behalf
of their partner. Taxation offsets may be able to be claimed
for such contributions, depending on the spouse's level of assessable income.
Stockbroker
A person who buys and sells securities on behalf of others in
return for brokerage or commission.
Superannuation
A tax effective means of putting aside money during your working
life for use in retirement.
Superannuation Fund
A concessionally taxed investment fund for superannuation monies.
These funds can accept both ETPs and other contributions. Generally
balances cannot be withdrawn until age 55 and fully retired. These
can be run by an employer as a company fund, a fund manager as a
personal fund or can be self managed by an individual.
Surcharge
Superannuation surcharge is a tax paid by high income earners on
certain superannuation contributions.
Switching
Transferring units between two funds in a unit trust. This
may trigger a capital gain.