Glossary

List of glossary items

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  • A measure of changes in the price level of consumer goods and services purchased by households.

  • Personal property held by an individual, other than personal property held in the course or furtherance, to any degree, of carrying on an enterprise to which an Australian Business Number (ABN) has been allocated.

  • An asset that might arise if a certain event occurs (e.g. a current legal action being taken by a company might result in an asset if the company wins the case).

  • A liability that might arise if a certain event occurs (e.g. a current legal action against a company might result in a liability if the company loses the case).

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