Glossary of Terms
Nationally Accredited Green Power products
Green Power is government accredited clean, renewable energy sourced from the sun, the wind, water and waste. Green Power reduces greenhouse pollution and is purchased for consumers by electricity companies. The National Green Power Accreditation Scheme is a joint collaboration by participating stat
Nationally accredited qualification
A qualification that is recognised across Australia.
Net income
Income after all expenses and taxes have been deducted, and used in calculating a variety of profitability and stock performance measures.
Niche
To sell or provide a product or service that is needed but not being provided by other businesses.
Non-profit
Not conducted or maintained for the purpose of making a profit. Instead, it operates to serve a public good.
Not-for-profit
Not conducted or maintained for the purpose of making a profit. Instead, it operates to serve a public good.
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