Definition of terms | Inquirer Opinion

Definition of terms

/ 08:11 PM February 25, 2012

1.  Affinity—relationship of a husband to the blood relatives of his wife, or of  a wife to the blood relatives of her husband.

2. Assessed value—fair market value of the real property multiplied by the assessment level.


3. Assets—declarant’s real and personal properties, including those of his/her spouse and unmarried children below 18 living in his/her household.

4. Balae—parents and parents-in-law relationship (term of reference); a parent of one’s son- or daughter-in-law.


5. Bilas—a brother-in-law’s wife or sister-in-law’s husband.

6. Business interests— other sources of income or existing interest in any business enterprise or entity, aside from his/her income from government, including those of his/her spouse and unmarried children below 18 living in his/her household.

7. Community property— consists of all the property owned by the spouses at the time of the celebration of  marriage or acquired thereafter, unless otherwise provided by law or in  marriage settlements.

8. Conjugal property—all property acquired during marriage, whether the acquisition appears to have been made, contracted or registered in the name of one or both spouses, is presumed to be conjugal unless the contrary is proved.

9. Consanguinity—relationship by blood from the same stock or common ancestor.

10. Estimated amount— projected amount of personal and family expenses.

11. Fair market value— highest price a property can command if put up for sale in an open market. It shall be based on the tax declaration.


12. Family expenses— amount of family expenses incurred  for the preceding calendar year.

13. Financial connections— existing connections with any business enterprise or entity, whether as a consultant, adviser and the like, with an expectation of remuneration for services rendered, including those of his/her spouse and unmarried children below 18 living in his/her household.

14. Gross income—all income derived from whatever source.

15. Income taxes—all taxes paid for the preceding calendar year, whether derived from employment or business.

16. Inso—appellation for the wife of an elder brother or male cousin.

17. Liability—financial liability or anything that can result in a transfer or disposal of an asset through personal loans or otherwise obtained from banks, financial institutions, GSIS, Pag-Ibig and the like. It includes not only those incurred by the declarant but also those of his/her spouse and unmarried children below 18 living in his/her household.

18. Nature of business interest and/or financial connection—existing interest or connection in any business enterprise, whether as proprietor, investor, promoter, partner, shareholder, officer, managing director, executive, creditor, lawyer, legal consultant or adviser, financial or business consultant, and the like.

19. Nature of liability—type of loan obtained, such as personal, multipurpose, salary and  calamity.

20. Net worth—sum of all assets (real, personal and other assets) less total liabilities.

21. Other assets—investments or intangible assets, such as cash on hand or in bank, negotiable instruments, securities, stocks and  bonds.

22. Outstanding balance— amount of money that one still owes on a loan as of Dec. 31 of the preceding calendar year.

23. Paraphernal property— property brought by the wife to the marriage, as well as all property she acquires during the marriage.

24. Personal expenses— amount of personal expenses incurred  for the preceding calendar year.

25. Personal property—includes jewelry, appliances, furniture, motor vehicles and other tangible properties.

26. Real property—as to kind, it includes residential, commercial, agricultural, industrial, etc.; as to nature, it includes paraphernal, conjugal and absolute community.

27. Relatives in government— include relatives up to the fourth civil degree of relationship, either by consanguinity or affinity, including bilas, inso and balae.

28. Sources of income— all sources,  whether derived from practice of profession, business, and the like, for the preceding calendar year.

29. Tangible property— anything which can be touched,  including both real property and personal property (or moveable property).

30. Intangible property— property that has no intrinsic value, but is merely the representative or evidence of value, such as stock certificates, bond certificates, promissory notes, copyrights and franchises.

Source: Civil Service Commission’s “Guidelines in the use of the revised SALN form”

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