Document ID: chunk:federal_register_of_legislation:F2024L00434:body:0:p48
Version: federal_register_of_legislation:F2024L00434
Segment Type: other
Provision Reference: 
Character Range: 177150–181258

as 'SME Retail' in this category.

Standard margin loans                                     Means margin loans that typically have a maximum allowable LVR of 40 to 80 per cent, depending on the type of stock or managed fund that is provided as security for the margin loan.

                                                          These loans are subject to margin calls if a decline in the value of the underlying security raises the LVR above the pre-specified maximum.

Stationery expense                                        Refers to costs incurred for office supplies and printing carried out by or for the business.

                                                          It includes:

                                                               * all office stationery; and
                                                               * production of financial reports, etc.

Subordinated                                              Represents any asset or liability that will, in entirety or in part, not be repaid until other specified creditors are repaid.

Subordinated debt                                         Means any debt security that is repaid after those outlined in paragraphs 13A(3)(a)-(e) of the Banking Act 1959 and after senior debtholders in the event that the ADI is unable to meet its obligations or is about to suspend payment.

Supra‑national and foreign agency-issued debt securities  Means debt obligations of intergovernmental, governmental or quasi-governmental organisations.

Syndicated loans                                          Means an extension of credit where the funds are jointly provided by two or more lenders.

                                                          Syndicated loans possess a single loan agreement, but each participant to a syndicated loan maintains a separate claim on, and bears the credit risk for, the portion of the loan that it has provided.

T

Telecommunications services and internet services  Refers to payments (of a non-capital nature) for telecommunication and internet services that engage wire, cable or radio transmission.

                                                   It includes:

                                                        * telephone charges;
                                                        * facsimile charges;
                                                        * internet charges; and
                                                        * cost of leased lines for computers and internet services.

                                                   It excludes: installation costs.

Tenor                                              See original (maturity/term).

Term                                               Means length of time until maturity.

                                                   For original maturity, this refers to the length of time from origination until maturity.

                                                   For residual maturity, this refers to the length of time from the reporting period until maturity.

Tier 2 capital instruments                         Refers to instruments that are compliant with the definition in Prudential Standard APS 111 Capital Adequacy: Measurement of Capital (APS 111). Excludes instruments that do not fully meet the criteria in Attachment G.

Trade credit                                       Refers to goods or services purchased for which the corresponding payment is deferred past the date on which the good or service is received.

Trade date                                         Means the date on which the repo or reverse repo was contracted.

Trade finance                                      Means the provision of credit for the purpose of facilitating trade transactions. The finance relates to and is directly underpinned by the movement of goods or the provision of services such as documentary trade letters of credit, documentary and clean collection, import bills, export bills and shipping guarantees.

                                                   A typical