Glossary

112 words you met as dotted underlines in our stories: the meaning, plus why it mattered in that story. It grows every day.

10-year yieldMarkets

The return on 10-year US government bonds, the benchmark for borrowing costs worldwide.
In this story It stood at 5.231 per cent.
First appeared · No. 6 (2026-10-10)

AFRMedia

The Australian Financial Review, a national business newspaper.
In this story It reported on dilution clauses in Firmus price talks.
First appeared · No. 6 (2026-10-10)

apartheidHistory

South Africa's system of legal racial segregation under white-minority rule, which ended in the early 1990s.
In this story Pillay built her career fighting it.
First appeared · No. 6 (2026-10-10)

Armed Response CommandSecurity

A NSW Police unit equipped with semi-automatic rifles to respond to attacks.
In this story Unveiled on Thursday after the Bondi attack.
First appeared · No. 4 (2026-10-08)

ATOEconomy

The Australian Taxation Office, the federal agency that collects income tax and GST.
In this story It planned to stop taxpayers paying by credit card.
First appeared · No. 6 (2026-10-10)

autocatalysisScience

A reaction whose product speeds up the reaction that makes it.
In this story Part of the chemistry Nobel.
First appeared · No. 3 (2026-10-07)

ballistic missileSecurity

A rocket-powered missile that flies a high arc and falls on its target. Harder to intercept than drones.
In this story The Houthis say they fired one at Riyadh's airport.
First appeared · No. 5 (2026-10-09)

BathurstSport

The New South Wales town whose Mount Panorama circuit hosts the Bathurst 1000 touring-car race.
In this story Qualifying is today, with the race on Sunday.
First appeared · No. 6 (2026-10-10)

bond yieldsMarkets

The interest rate a government pays to borrow for a set period, set by trading in its bonds. When yields rise, bond prices fall and borrowing costs across the economy follow.
In this story Australian and US 10-year yields are at multi-year highs, and the Treasurer says they will lift the federal interest bill.
First appeared · No. 1 (2026-10-05)

bookMarkets

The list of orders from large investors that a bank collects to set the price and size of a share offer.
In this story Firmus's book closed early, according to reports.
First appeared · No. 4 (2026-10-08)

bookbuildMarkets

The process in which a company's bankers collect bids from large investors to set the price of a share offer.
In this story Firmus's institutional bookbuild opened this week.
First appeared · No. 2 (2026-10-06)

BrentEnergy

The North Sea crude oil benchmark used to price most of the world's oil.
In this story Rose about 2 per cent near $102 a barrel on Thursday.
First appeared · No. 4 (2026-10-08)

bridging visasImmigration

A short-term visa that lets a person stay lawfully while another visa application or appeal is decided.
In this story The plan would largely eliminate them.
First appeared · No. 2 (2026-10-06)

BundibugyoHealth

One of the strains of the Ebola virus, with no widely licensed vaccine.
In this story The strain behind the Congo outbreak.
First appeared · No. 4 (2026-10-08)

cash flowBusiness

The timing of money flowing in and out of a business.
In this story Paying tax by card delays the cost until the statement is due.
First appeared · No. 3 (2026-10-07)

cash rateEconomy

The Reserve Bank's overnight target rate, which anchors variable home-loan, savings and business rates.
In this story Raised to 4.60 per cent on September 29, the highest in about 15 years. The next decision is November 3.
First appeared · No. 1 (2026-10-05)

Category 3Weather

A major hurricane, with winds of 178 to 208 kilometres an hour on the Saffir-Simpson scale.
In this story Isaias has reached it.
First appeared · No. 6 (2026-10-10)

chiralityScience

The property of a molecule that exists in left- and right-handed forms.
In this story Life uses only one hand.
First appeared · No. 3 (2026-10-07)

clearance rateProperty

The share of homes offered at auction that sell on the day or just after.
In this story A preliminary figure reported at a three-month low.
First appeared · No. 1 (2026-10-05)

consumer sentimentEconomy

A survey measure of how confident households feel about their finances and the economy. Below 100 means pessimists outnumber optimists.
In this story Fell 4.7 per cent to 80.4 in October.
First appeared · No. 2 (2026-10-06)

contact tracingHealth

Finding and monitoring people who may have been exposed to an infection.
In this story Kenya has listed 28 contacts and is tracing a flight.
First appeared · No. 4 (2026-10-08)

COP31Climate

The 31st UN climate summit, in Antalya, Turkey, from November 9.
In this story Australia will chair the negotiations.
First appeared · No. 2 (2026-10-06)

cost-of-livingEconomy

The pressure on households from rising prices for housing, food and fuel.
In this story Chalmers championed the surcharge ban as such a measure.
First appeared · No. 4 (2026-10-08)

cost-sharingPolitics

The split of the bill for a program between the Commonwealth and the states.
In this story Disaster recovery will stay on the current split.
First appeared · No. 6 (2026-10-10)

costingsPolitics

Official estimates of what a policy would cost or save the Budget.
In this story The Coalition has not released them.
First appeared · No. 5 (2026-10-09)

crimes against humanityLaw

Serious acts such as murder, rape or persecution carried out as part of a widespread attack on civilians.
In this story The Rwanda tribunal's rulings on sexual violence.
First appeared · No. 6 (2026-10-10)

Deutsche TelekomMarkets

A German telecommunications group and the majority owner of T-Mobile US.
In this story Its shares fell 7 per cent.
First appeared · No. 6 (2026-10-10)

DFATPolitics

The Department of Foreign Affairs and Trade, the federal department that runs the Smartraveller travel advice service.
In this story Its advice is where travellers should check.
First appeared · No. 6 (2026-10-10)

dilutionMarkets

When new shares are issued and each existing share owns a smaller slice of the company.
In this story Clauses about it are driving Firmus price talks.
First appeared · No. 5 (2026-10-09)

District CourtLaw

A mid-level state court that hears serious criminal trials.
In this story A WA District Court jury convicted Saunders.
First appeared · No. 3 (2026-10-07)

duckSport

A batter dismissed without scoring a run.
In this story Maddinson's lasted 33 balls.
First appeared · No. 6 (2026-10-10)

ECBEconomy

The European Central Bank, which sets interest rates for the countries that use the euro.
In this story It meets on October 29.
First appeared · No. 6 (2026-10-10)

El NiñoClimate

A warming of the central Pacific that alters weather worldwide. In Australia it tends to bring hotter, drier conditions.
In this story Albanese cited a forecast record El Niño for this summer.
First appeared · No. 2 (2026-10-06)

electoral lawPolitics

The rules for how votes become seats.
In this story Italy has passed a new one.
First appeared · No. 5 (2026-10-09)

emergency crash axeSecurity

A tool carried in an aircraft cockpit for use in emergencies.
In this story Said by the UAE prosecutor-general to have been used in the attack on the captain.
First appeared · No. 1 (2026-10-05)

escrowMarkets

Shares held back and locked up, so that they cannot be sold for a fixed time after a float.
In this story 42.4 per cent of Firmus stock would be held in escrow.
First appeared · No. 2 (2026-10-06)

field goalSport

A one-point kick in rugby league that sends the ball over the crossbar from open play.
In this story Cherry-Evans kicked one that put the Roosters 19–12 ahead.
First appeared · No. 1 (2026-10-05)

firing squadLaw

A method of execution in which a group of soldiers shoots the condemned person.
In this story The Army will livestream one.
First appeared · No. 6 (2026-10-10)

floatMarkets

The first sale of a company's shares to the public, also called an IPO.
In this story Firmus's float would be the second biggest in Australian history.
First appeared · No. 4 (2026-10-08)

forensic investigationSecurity

A technical inquiry that examines systems and logs to find out exactly what happened.
In this story Under way with the Australian Signals Directorate.
First appeared · No. 2 (2026-10-06)

Fort HoodSecurity

A large US Army base in Texas.
In this story It was the site of the 2009 shooting.
First appeared · No. 6 (2026-10-10)

futuresMarkets

Contracts that trade before and after the main session and signal where shares are likely to open.
In this story US share futures fell overnight.
First appeared · No. 5 (2026-10-09)

grey corruptionPolitics

Use of public money for political advantage that is not clearly illegal.
In this story Anne Twomey used the phrase about the golf club grant.
First appeared · No. 3 (2026-10-07)

honorary membershipPolitics

A membership granted by a club without the usual fee. Members of Parliament must declare certain gifts and benefits.
In this story Mr Albanese says it was issued years ago without his knowledge.
First appeared · No. 3 (2026-10-07)

HouthisWorld

A Yemen-based armed group aligned with Iran that controls much of the north of the country.
In this story The group claimed the attacks on Riyadh airport.
First appeared · No. 6 (2026-10-10)

IceCubeScience

A neutrino telescope made of a cubic kilometre of Antarctic ice fitted with light sensors.
In this story Francis Halzen won the physics Nobel for it.
First appeared · No. 2 (2026-10-06)

impairmentAccounting

A write-down in the value of an asset on a company's books.
In this story Fortescue took US$525 million on Iron Bridge.
First appeared · No. 5 (2026-10-09)

indecent assaultLaw

An assault with an indecent element. It is an older offence name that some states have replaced.
In this story The jury convicted the former bishop of 12 counts.
First appeared · No. 3 (2026-10-07)

Independent Planning CommissionLaw

A NSW body that decides major projects that attract many objections.
In this story The High Court held it failed to meet its statutory obligations.
First appeared · No. 3 (2026-10-07)

initial public offeringMarkets

The first sale of a company's shares to the public, when it lists on a stock exchange.
In this story Firmus shelved its on Friday.
First appeared · No. 6 (2026-10-10)

interchange feesMoney

The fees that a merchant's bank pays the card holder's bank each time a card is used.
In this story The RBA cut the cap on domestic credit cards to 0.3 per cent.
First appeared · No. 1 (2026-10-05)

International Criminal CourtLaw

The permanent court in The Hague that tries individuals for genocide, war crimes and crimes against humanity.
In this story Pillay sat on it.
First appeared · No. 6 (2026-10-10)

International Criminal Tribunal for RwandaLaw

A UN court set up to try those most responsible for the 1994 genocide in Rwanda; it closed in 2015.
In this story Pillay was a judge there.
First appeared · No. 6 (2026-10-10)

international studentsEducation

Students on visas who pay full fees. They are a major source of university revenue and of net overseas migration.
In this story The Coalition would cut their numbers.
First appeared · No. 4 (2026-10-08)

JefferiesMarkets

A US investment bank and brokerage.
In this story One of its analysts said demand still looks good.
First appeared · No. 6 (2026-10-10)

jobless claimsEconomy

Weekly US applications for unemployment benefits, an early sign of layoffs.
In this story Held at 197,000.
First appeared · No. 5 (2026-10-09)

Joint Counter Terrorism TeamSecurity

A task force of federal police, state police and ASIO that investigates terrorism-related matters in each state.
In this story Victoria's team is looking at the flydubai co-pilot's links to Australia.
First appeared · No. 1 (2026-10-05)

judicial reviewLaw

A court case in which a judge decides whether a public body's decision or action was lawful, not whether it was right.
In this story The former prince is reported to have started one against Thames Valley Police.
First appeared · No. 1 (2026-10-05)

KingsmeadSport

A cricket ground in Durban, South Africa.
In this story It is the venue of the first Test.
First appeared · No. 6 (2026-10-10)

LPGEnergy

Liquefied petroleum gas, a fuel such as propane or butane, carried as a liquid in pressurised tankers.
In this story A large tanker carrying it was reportedly hit.
First appeared · No. 6 (2026-10-10)

magnetiteResources

A lower-grade iron ore that must be processed into a high-grade concentrate before sale.
In this story Iron Bridge is a magnetite project.
First appeared · No. 5 (2026-10-09)

merchant feesMoney

What a business pays its bank each time a customer pays by card.
In this story The ATO says it should not pass them to the community.
First appeared · No. 3 (2026-10-07)

mid-year budget updateGovernment

The Mid-Year Economic and Fiscal Outlook, which updates the budget forecasts, usually in December.
In this story The Treasurer says a savings package will feature in it.
First appeared · No. 1 (2026-10-05)

midtermsPolitics

US elections held halfway through a president's term, when all of the House and a third of the Senate are chosen.
In this story They fall on November 3.
First appeared · No. 6 (2026-10-10)

nameplate capacityIndustry

The output a plant is designed to produce when running as planned.
In this story Iron Bridge's is 22 million tonnes a year.
First appeared · No. 5 (2026-10-09)

NasdaqMarkets

A US stock exchange dominated by technology companies and its main index, the Nasdaq Composite.
In this story Set a record on Monday, helping Australian sentiment.
First appeared · No. 2 (2026-10-06)

negotiated settlementWorld

An end to a war agreed by both sides at talks, rather than imposed by victory.
In this story Rubio says the US wants one in Ukraine.
First appeared · No. 5 (2026-10-09)

net overseas migrationImmigration

Arrivals minus departures of people staying or leaving for 12 months or more. Governments set targets for it.
In this story The Coalition would cut it to 100,000 a year; Labor targets 225,000.
First appeared · No. 2 (2026-10-06)

Net overseas migrationImmigration

Arrivals minus departures of people who stay or leave for 12 months or more.
In this story Was 292,100 in the year to March. Labor targets 225,000; the Coalition is set to promise less.
First appeared · No. 1 (2026-10-05)

neutrinosScience

Tiny, almost massless particles that rarely interact with matter. Billions pass through your body each second.
In this story IceCube detects those from violent events beyond our galaxy.
First appeared · No. 2 (2026-10-06)

non-parole periodLaw

The minimum time a prisoner must serve before applying for parole.
In this story The court sets it with the sentence.
First appeared · No. 3 (2026-10-07)

Norwegian Nobel CommitteeWorld

The panel chosen by Norway's parliament that selects the Nobel Peace Prize winner.
In this story It announced Pillay as the 2026 winner.
First appeared · No. 6 (2026-10-10)

NvidiaTechnology

The US chipmaker whose processors are widely used to train and run artificial intelligence.
In this story It is a backer of Firmus.
First appeared · No. 6 (2026-10-10)

One NationPolitics

Pauline Hanson's right-wing populist party, now rising in the polls.
In this story The Coalition is chasing its voters with a smaller migration target.
First appeared · No. 1 (2026-10-05)

OptogeneticsScience

A technique that places light-sensitive proteins in chosen cells so their activity can be switched on or off with light.
In this story The subject of this year's medicine Nobel.
First appeared · No. 1 (2026-10-05)

payment plansTax

An arrangement with the ATO to pay a tax debt over time.
In this story Assistant Minister Charlton says they ease cash flow problems.
First appeared · No. 4 (2026-10-08)

pentobarbitalMedicine

A barbiturate used in lethal injections in the United States.
In this story Used on Christa Pike.
First appeared · No. 3 (2026-10-07)

Pharmaceutical Benefits SchemeGovernment

The federal scheme that subsidises prescription medicines. It is one of the largest items in the health budget.
In this story Chalmers said debt interest payments now cost more than the PBS.
First appeared · No. 1 (2026-10-05)

PilbaraResources

The iron ore region of north-west Western Australia.
In this story Home to Iron Bridge.
First appeared · No. 5 (2026-10-09)

PimcoMarkets

A large US investment manager that specialises in bonds.
In this story Its Ivascyn said the 10-year yield could reach 6 per cent.
First appeared · No. 6 (2026-10-10)

pork barrellingPolitics

Directing public money to particular electorates for political benefit.
In this story The grants program is accused of it.
First appeared · No. 3 (2026-10-07)

pre-COPClimate

A ministerial meeting held shortly before a UN climate conference to prepare the negotiating text.
In this story Being held in Fiji on October 5 to 8 ahead of COP31 in Antalya.
First appeared · No. 1 (2026-10-05)

proxy adviserMarkets

A firm that advises investors how to vote at company meetings.
In this story One opposes a BHP board nominee over contacts with KPMG.
First appeared · No. 2 (2026-10-06)

quarantinedHealth

Kept apart from other people to stop a possible infection from spreading.
In this story Dozens of contacts of the dead Irkutsk worker were quarantined.
First appeared · No. 2 (2026-10-06)

RBAEconomy

The Reserve Bank of Australia, the central bank that sets the cash rate.
In this story Its next meeting is on November 3.
First appeared · No. 6 (2026-10-10)

remanded in custodyLaw

Held in jail while a case proceeds, rather than released on bail.
In this story Sam Wood was remanded after his arrest.
First appeared · No. 5 (2026-10-09)

Reserve BankEconomy

Australia's central bank, which sets interest rates and oversees the payments system.
In this story Its decision to outlaw card surcharges led to the ATO ban.
First appeared · No. 6 (2026-10-10)

Revolutionary GuardSecurity

Iran's elite armed force, which operates separately from the regular army.
In this story Its report of a tanker fire has not been confirmed.
First appeared · No. 6 (2026-10-10)

risk premiumMarkets

The extra price buyers pay, or return they demand, because something might go wrong.
In this story In oil, it reflects the chance of supply being cut.
First appeared · No. 5 (2026-10-09)

royal commissionLaw

A public inquiry with wide powers to examine a major issue.
In this story The Royal Commission on Antisemitism and Social Cohesion heard from Deputy Commissioner Hudson.
First appeared · No. 4 (2026-10-08)

S&P/ASX 200Markets

The index of the 200 largest companies listed on the Australian Securities Exchange, the main measure of the Australian sharemarket.
In this story Closed at 8,686.4 on Monday, up 4.3 points.
First appeared · No. 1 (2026-10-05)

SaudiaBusiness

Saudi Arabia's national airline.
In this story One of its captains died in the Riyadh attack.
First appeared · No. 6 (2026-10-10)

scope 3Climate

Emissions a project causes indirectly, such as when its coal is burned by customers.
In this story The High Court said the commission did not consider conditions on them.
First appeared · No. 4 (2026-10-08)

scope 3 emissionsClimate

The greenhouse gases a project causes indirectly, such as those released when its coal is burned by customers. For a coal mine they are by far the largest part.
In this story The High Court said the commission did not consider conditions on them.
First appeared · No. 3 (2026-10-07)

search warrantsLaw

A court order that authorises police to enter and search a place for evidence.
In this story The reported challenge concerns the warrants used to search his properties.
First appeared · No. 1 (2026-10-05)

Services AustraliaGovernment

The federal agency that runs Medicare, Centrelink and child support payments.
In this story Its Medicare statistics portal was reached by an OpenAI agent.
First appeared · No. 2 (2026-10-06)

shadow fleetSecurity

Tankers that move sanctioned oil while hiding who owns them or where the cargo is going.
In this story The US sanctioned more of Iran's.
First appeared · No. 6 (2026-10-10)

spectrumTechnology

The licensed radio frequencies that carry mobile signals.
In this story SpaceX is buying more of it.
First appeared · No. 6 (2026-10-10)

Strait of HormuzWorld

The narrow waterway between Iran and Oman through which a large share of the world's oil passes.
In this story Attacks on shipping nearby pushed oil higher.
First appeared · No. 4 (2026-10-08)

strangulationLaw

Applying pressure to a person's neck. In Queensland a separate offence since 2016.
In this story One of the charges Sam Wood faces.
First appeared · No. 5 (2026-10-09)

super fundsMoney

Superannuation funds, which pool workers' compulsory retirement savings and invest them in shares, property and bonds in Australia and overseas.
In this story Bank of America warned that high US rates could weigh on their offshore holdings.
First appeared · No. 1 (2026-10-05)

surchargeConsumer

An extra fee a business adds when you pay by a particular method, such as a credit card.
In this story Banned on EFTPOS, Visa and Mastercard from October 1.
First appeared · No. 1 (2026-10-05)

surcharge banConsumer

The RBA rule from October 1 stopping businesses adding fees for paying by EFTPOS, Visa or Mastercard.
In this story The ATO's own card decision is compared with it.
First appeared · No. 3 (2026-10-07)

surchargesEconomy

Extra fees added to a bill when a customer pays by card.
In this story The RBA's ban on them led to the ATO decision.
First appeared · No. 6 (2026-10-10)

TasnimWorld

An Iranian news agency generally regarded as close to the Revolutionary Guard.
In this story It reported that Iran is reviewing the US response.
First appeared · No. 6 (2026-10-10)

temporary graduate visaMigration

A visa that lets international graduates stay and work in Australia for a period after study.
In this story The Coalition would abolish it.
First appeared · No. 5 (2026-10-09)

temporary visaImmigration

A visa that allows a stay for a limited time, such as for work, study or a working holiday.
In this story The Coalition would cut the stock of temporary visa holders by 650,000.
First appeared · No. 2 (2026-10-06)

TestSport

The longest format of international cricket, played over up to five days.
In this story Australia and South Africa are playing a Test in Durban.
First appeared · No. 6 (2026-10-10)

Universal jurisdictionLaw

The principle that courts may try the gravest crimes wherever the accused is found.
In this story It is today's word of the day, linked to the Pillay story.
First appeared · No. 6 (2026-10-10)

valuationMarkets

The price put on a whole company, worked out from the share price multiplied by the number of shares.
In this story Firmus wanted $30.6 billion.
First appeared · No. 6 (2026-10-10)

visa hoppingImmigration

Moving from one visa to another while inside Australia, often to extend a stay.
In this story The Coalition and One Nation would require most applications to be lodged offshore.
First appeared · No. 2 (2026-10-06)

WallabiesSport

Australia's national rugby union team.
In this story They play the All Blacks at Eden Park.
First appeared · No. 6 (2026-10-10)