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 'I'

Incorporated association

A body incorporated under the relevant Australian state or territories Association's Incorporation Acts.

Incorporated body

A business structure such as a company, incorporated limited partnership, incorporated association, body corporate established under Australian state or territory legislation or another organisation that is a legal entity, separate from the individual managing it.


A natural person.

Information broker

A commercial provider authorised by ASIC to access information from the ASIC registers and provide extracts to its customers.

Investment adviser

A person who was licensed by ASIC to carry on an investment advice business. This is a role that existed prior to the financial services reform in 2011 and no longer exists.

IP Australia

The Commonwealth Government agency responsible for administering legislation relating to intellectual property (IP) rights (e.g. legislation relating to patents, trade marks, designs and plant breeder's rights). For further information see IP Australia.