Glossary of terms

Glossary of Terms

Disclaimer: Terms in this glossary are provided for general information only and should not be taken as constituting professional advice from the website owner – the Australian Securities and Investments Commission (ASIC).


The words in brackets do not form part of the term. Where 'Business names' and/or 'SMSF auditors' appears in brackets alongside a term, this denotes the definition is only to be used in reference to the relevant register. These terms do not apply to any other ASIC services.

Viewing entries beginning with 'G'

General insurance broker

A person who was registered with ASIC who provided advice, arranged policies and dealt with claims relating to general insurance products on behalf of insureds. This is a role that existed prior to the financial services reform in 2002 and no longer exists.

Grandfathered business name

See 'Existing business name'.