| Term | Definition |
| bond | money that is lodged at the Rental Bond Board. |
| budget | a list of planned income and likely expenditures |
| Centrelink | the main federal government welfare agency. |
| community services | services to provide something valuable, not profit-making |
| condition report | details the exact condition of a property when new tenants move in |
| debit cards | plastic cards that allow you to buy goods by electronically transferring money out of your account |
| EFTPOS | electronic funds transfer at point of sale |
| establishment costs | one-off costs for setting up a new place to live or business |
| exclusions | the things that an insurance policy specifically will not cover |
| inclusions | the things that an insurance policy covers |