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Capital gains/growth: occur when the market value of an investment increases.
Capital gains tax: a tax on the gains of an investment, payable only when the capital gain is realised by selling the investment.
Cash: one of the asset classes. Coin and note currency in circulation and in deposit accounts and money market securities.
Cash Management Trust (CMT): a form of managed investment in which the primary investment is cash securities. While offering security, they can also offer the potential for a higher return than an ordinary bank savings account.
Chattel mortgage: a fee paid to a financial adviser or stockbroker for a financial transaction or advice. Sometimes referred to as brokerage.
Compound interest: interest calculated on the principal and interest already accrued.
Concessional component: superannuation benefits received before 1 July 1994 which relate to certain disablement, redundancy and approved early retirement benefits.
Constitution: formerly known as a Trust Deed. A document setting out the methods of application, investment and withdrawal of funds within a managed investment, unit trust or public offer superannuation fund.
Consumer Price Index (CPI): an index measuring the prices of items of a selection of goods and services. This allows a comparison of the relative cost of living over time, which is known as inflation.
Contributions: amounts of money placed into a fund.
Contributions Tax: tax applied to certain contributions to a superannuation fund.
Currency gains: the contribution to a security's capital gain, attributed to movements in the currency in which the asset was denominated.