PET - Plain English Taxonomy

Attribute: BSL22540
Concept:
Label: Weighted average residual term for fixed-term deposits
Concept Guidance:
This is the weighted sum of individual residual terms of deposits, where the weights used are the corresponding balances expressed as a share of the total balance. 
Dimensions
Dimension Member Description
(FixedTermDeposit)
The type of loan or deposit account.
Fixed term deposit means an account in which money has been placed for a fixed period for a stated interest rate. It includes term deposits; fixed-term deposits with a notice of withdrawal requirement; and non-negotiable certificates of deposit.
This dimension categorises the reported data according to the residual term to maturity.
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).