Financial Glossary

This is a Financial Glossary defining terms relating to the accounting and banking professions.

Browse the glossary using this index

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Accounts are your identity on social media sites. These include our Facebook pages, Google Plus, LinkedIn, Twitter and YouTube memberships.


Those companies associated with or connected to Guarantee Trust Corporate Support Services. This includes our funders as well as companies within our group, current and future.


A group of people who have graduated from a school or university. Alumni is usually used to refer to a group of graduates of either one or both genders. We use it to refer to past Guarantee Trust students.


in Chapter 5, does not include an appeal in a matter regulated in terms of the Criminal Procedure Act, 1977 (Act No. 51 of 1977), or in terms of any other criminal procedural law


Apps are the applications for these sites on your mobile phone or other mobile device. Apps for services like Facebook use your location, through a GPS facility on your smart-phone, to verify your “Check in.”


An avatar is an image or username that represents a person online, most often within forums and social networks.


Best Practices

These are techniques that are recommended (sometimes informally) by the users of a social media site as those methods of use that have proven over time to be the easiest and most direct way to accomplish a task on a site.


Blog is a word that was created from two words: “web log.” Blogs are usually maintained by an individual or a business with regular entries of content on a specific topic, descriptions of events, or other resources such as graphics or video. "Blog" can also be used as a verb, meaning to maintain or add content to a blog.

business day

means a day that is not a public holiday, Saturday or Sunday



Chat can refer to any kind of communication over the internet but traditionally refers to one-to-one communication through a text-based chat application, commonly referred to as instant messaging (IM) applications.

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