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How Centrelink assesses assets for Age Pension

11,846 views

About Retirement TV

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English

Speech Time:

98%
  • 11:35 / 11:47

Speech Rate:

  • 134 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

eligibility

/ˌeləjəˈbilədē/

noun

state of having right to do or obtain something.

usually

/ˈyo͞oZH(o͞o)əlē/

adverb

under normal conditions.

balance

/ˈbaləns/

noun verb

Money remaining after paying costs. To be steady by having equal weight on both sides.

explanation

/ˌekspləˈnāSH(ə)n/

noun

Details or reasons given to make something clear.

prepare

/prəˈper/

verb

make ready for use or consideration.

savings

/ˈsāviNG/

noun other

economy of or reduction in money, time. Money people keeps as a reserve.

appropriate
adjective verb

Right or suitable for some situation or purpose. To set aside money for a specific later purpose.

subject
adjective adverb noun verb

likely or prone to be affected by. conditionally upon. person or thing that is being discussed, described, or dealt with. To cause to suffer or experience something.

prepared

/prəˈperd/

adjective verb

made ready for use. To make something ready for use.

retirement

/rəˈtī(ə)rmənt/

noun

Time later in life when you stop working.

possible

/ˈpäsəb(ə)l/

adjective noun

Having a chance of happening, or being true. candidate for job.

actually

/ˈak(t)SH(o͞o)əlē/

adverb

Used to add new (often different) information.

assessment

/əˈsesmənt/

noun

action of assessing person or thing.

understanding

/ˌəndərˈstandiNG/

adjective noun verb

Being sympathetic. When you get the meaning correctly; comprehension. To know the meaning of language, what someone says.

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