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Glossary of terms
While we’ve made every effort to make our site as straightforward as possible, sometimes banking and finance jargon is unavoidable. If you are unsure what a term means, look it up in the A-Z glossary below.
Deed
A formal document including special signing requirements recording an agreement, obligation or conveyance of property.
Deeming rates
The Federal Government sets the deeming rates based on assumed rates of return on financial investments.
Deposit
When purchasing a property, the buyer normally pays a deposit at the time of exchanging contracts. It is normally between 5-10% of the total purchase price.
Direct Debit
A direct debit is a transfer of funds from your BankSA account drawn under a direct debit request you have given a third party.
The Detail
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