Glossary beginning with U

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Unearned income search for term

Income received that is not from a personal exertion source. Bank interest and dividends are examples of unearned income.

Unfranked dividend search for term

A share of a company's distribution paid to a shareholder on which no tax has been paid by the company.

  • Fact 3

    'Taxes, after all, are dues that we pay for the privileges of membership in an organised society'. Franklin D Roosevelt

Higher education loan program (HELP)

The Australian Government contributes towards the education of eligible students by funding government-supported places at universities. Eligible students may be able to study now and pay later by using a HELP loan to pay their student contribution.

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