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Glossary.

16 terms from the Australian PPSR + asset finance vocabulary. Each entry is a definition first, context second. Cite anything you like.

16 termsLast updated 2026-05-15
PPSRThe Australian national register where security interests in personal property are recorded.NPIIDisambiguation: AFSA's National Personal Insolvency Index (bankruptcy register), distinct from Hoist Assets's deprecated internal 'NPII' shorthand for org-only PPSR searches (now renamed to 'org-only').ACNA unique 9-digit number assigned by ASIC to every Australian company at registration.ABNA unique 11-digit identifier issued by the ATO for tax and business purposes; covers companies, sole traders, partnerships, trusts.GrantorThe entity (organisation or person) whose property is subject to a security interest under the Personal Property Securities Act.Secured partyThe party who holds a security interest over the grantor's property — typically a lender, finance company, supplier on retention-of-title terms, or lessor.Search certificateThe official, AFSA-issued PDF returned by every PPSR search — proof of what the register showed at a specific point in time.B2G AccountAFSA's framework for authorised PPSR resellers — the contract type Hoist Assets holds to run org-only searches on behalf of customers.Serial-number searchA PPSR search by an asset's serial number (VIN, chassis, aircraft serial) rather than by the grantor's identity.Asset due diligenceThe process of verifying an asset's title, encumbrance status, and counterparty identity before a transaction completes.Register searchAny search that retrieves data from an official government register — PPSR, ABR, ASIC, land titles, court files.AFSAThe Commonwealth statutory authority that operates the PPSR and administers personal insolvency.ABRThe free public register of ABNs, GST registration, and trading names, operated by the ATO.Due Diligence RecordThe one-page PDF Hoist Assets generates after every search — summarising the inquiry, hashing the AFSA certificate, and tying it to an audit-chain entry.Audit chainAn append-only, hash-linked log of every search Hoist Assets has ever run — designed so a record's authenticity can be verified without contacting us.MCPAn open protocol for connecting AI assistants to external tools and data sources via OAuth-scoped tool calls.

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