# Taxation

## Offset
Direct reduction in tax

## Deduction
Reduction in how much income is taxable

## Franking Credits
Tax offset for taxes on dividends


## Dividends
Annual return on share


## Group certificate
personal statement of income

## Goods and Service Tax (GST)

## Business Activity Statements


# Investing


## Share

## Cryptocurrency
Electronic currency backed by cryptography and a peer to peer data mining system


## Fiat currency
Legal tender

## Hedge
Form of financial insurance, used to reduce risk in one's portfolio

## Future
Obligated purchase of a stock at a future time at a pre-decided fixed price

## Option
Optional purchase of a stock at a future time at a pre-decided fixed price

## Short
Selling lent shared with the obligation to repurchase and return at a future time interval, a financial product used to "bet" against a share

## Diversification 

## Exchange Traded Funds (ETF)
A pool of securities with multiple investors and a trader

## Fungibility
From Latin 'to function', the idea that some product's units are interchangeable

## IPO


## BAS