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All life stages Learning 4 min read

Irish Money Glossary

A shared plain-English glossary covering common Irish money and support terms that appear across the app.

  • Financial language becomes easier when the terms are short and clear.
  • A glossary reduces friction across guides, tools and support pages.
  • Use official sources for full legal definitions where needed.

Resource explainer

Common terms you will see across the app

  • PAYE, PRSI and USC on payslips
  • RTB and Threshold in housing guides
  • SUSI in student support guides
  • MABS and Abhaile in debt and arrears content

Use plain language first

Many users do not need a formal definition. They need enough plain-English context to understand why a term matters in a real decision about work, budgeting, support or housing.

This glossary is designed to reduce friction and make the rest of the platform easier to follow.

When detail matters, go to the source

Terms linked to eligibility, tax, tenancies or pension rights can have technical meanings. Use official Irish guidance for the final detail when a decision depends on it.

That way the glossary stays helpful without pretending to replace regulated or legal information.

Plain-English glossary

PAYE

The Irish pay-as-you-earn income tax system used for employees.

PRSI

Pay Related Social Insurance, a deduction linked to social welfare benefits and pensions.

USC

Universal Social Charge, a separate charge deducted from income in many cases.

RTB

Residential Tenancies Board, the main Irish body for tenancy registration and information.

SUSI

The Irish student grant authority.

MABS

The Money Advice and Budgeting Service, offering debt and budgeting support in Ireland.

Abhaile

An Irish support service for people in serious mortgage arrears who qualify.

MyWelfare

An online route for many Irish social welfare services.

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