Glossary.
25 terms from the Australian PPSR, ASIC, asset finance, address intelligence, and AI agent vocabulary. Each entry is a definition first, context second. Cite anything you like.
PPSR: The Australian national register where security interests in personal property are recorded. Hoist PPSR preview and paid search are currently unavailable.
NPII: AFSA's National Personal Insolvency Index (bankruptcy register), distinct from Hoist's deprecated internal shorthand. Hoist exposes no current PPSR search.
ASIC entity intelligence: Company, business-name, and selected professional-register checks available once their complete, trusted public snapshots are loaded. AFSL lookup retains fixture compatibility data; ACL lookup requires an exact trusted snapshot.
ACN: A unique 9-digit number assigned by ASIC to every Australian company at registration.
ABN: A unique 11-digit identifier issued by the ATO for tax and business purposes; covers companies, sole traders, partnerships, and trusts.
Grantor: The entity whose property is subject to a security interest under the Personal Property Securities Act.
Secured party: The 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 certificate: An official AFSA artifact associated with a PPSR search. Hoist does not currently run that search or return or store its certificate.
B2G Account: AFSA's framework for approved PPSR account-customer organisations. B2G status does not unlock a current Hoist PPSR preview or paid search.
Serial-number search: An AFSA PPSR search by an asset serial number rather than grantor identity. Hoist's future schema represents this subject, but the search is currently unavailable.
Asset due diligence: The process of checking asset title, encumbrance status, and counterparty identity before a transaction completes.
Register search: A search that retrieves data from an official government register. Each Hoist surface must state which registers are live and which require a complete, trusted snapshot before returning source evidence.
AFSA: The Commonwealth statutory authority that operates the PPSR and administers personal insolvency. Use AFSA direct for a current PPSR search.
ABR: The free public register of ABNs, GST registration, registered business names, and historical trading names, operated by the ATO.
G-NAF: The Geocoded National Address File, an Australian address reference dataset used for address-consistency checks.
Address confidence: A signal that compares supplied Australian address text with address evidence; useful for consistency, not identity proof.
Due Diligence Record: A human-readable Evidence Pack artifact. The legacy exporter currently creates fixture/unsearched samples, not a PPSR result, certificate, clearance, or completed receipt.
Audit chain: An append-only record of supported completed checks. Hoist has no current successful PPSR audit event or certificate record.
MCP: An open protocol for connecting AI assistants to external tools and data sources via scoped tool calls.
Evidence Pack: An agent-ready bundle of facts, limitations, timestamps, risk flags, confidence, and human-review items. The legacy exporter is currently fixture/unsearched and contains no current PPSR evidence.
Hoist Connector: The agent-facing access layer for live ABR/GST data and snapshot-backed Australian source data through MCP, API, and CLI. Missing snapshots fail closed; it does not currently expose PPSR preview or paid search.
AI agent: A software process that uses a language model to call tools, take actions, and reason toward a goal on behalf of a user.
Source check: A timestamped verification step against an explicitly live source or a complete, trusted snapshot. Fixture/unsearched rows are not source checks and must remain labelled as samples.
Risk flag: A discrepancy or limitation surfaced by a live or trusted-snapshot check and included for human review.
Human review item: An action that requires human judgment because source data alone is insufficient.
Missing a term? Tell us through /contact/ - we add a couple every fortnight.
