- Apply for a Mortgage
- Contact Us
- Mortgage News
- Library & Statistics
- Rates & Tools
- Mortgage Services
- Home
1-800-604-1864
Professional Listings
Mortgage Statistics
Apply Now
Mortgage Rates
Current Mortgage RatesVariable closed: 1.65% 1 year closed: 1.64% 3 year closed: 1.59% 5 year closed: 1.69% 10 year closed: 2.84% Glossary
Tools
Mortgage Calculators Credit Card Calculators
Search the Glossary
GLOSSARY
Canadian Financial, Real Estate and Mortgage Glossary
Previous Page Assessments — Audit |
Currently Displayed — Page 8 Auditing and Assurance... — Aviation Easement |
- Auditing and Assurance Standards Oversight Council (AASOC) — Canada
- authorized user — Definition
- Any person to whom you give permission to use a credit card account.
- automated banking machine (ABM) — Acronym
- ➥ Sometimes incorrectly referred to as an Automatic Bank Machine.
- automated clearing house (ACH) — Acronym
- Secure electronic funds transfer (EFT) system that connects all US financial institutions.
- automated clearing settlement system (ACSS) — Acronym
- Automated Consumer Dispute Verification (ACDV) — Acronym
- automated pre-approval process (APP) — Acronym, Important
- automated teller machine (ATM) — Canada
- A terminal activated by a magnetically encoded card that allows customers of a bank or other financial institution to conduct everyday banking tasks such as deposits, withdrawals and transfers between accounts. An interconnection of these terminals allows customers to conduct certain transactions around the nation and the world; usually subject to a surcharge fee.
- ➥ See also Automated Banking Machine (ABM).
- automated valuation model (AVM) — Acronym, Important
- An accurate "real-time" estimate of market value for residential properties in Canada.
- automated valuation model report (AVMR) — Acronym
- automatic credit card billing (ACCB) — Acronym
- automatic credit card payment (ACCP) — Acronym
- automatic payment — Definition
- An arrangement that authorizes periodic withdrawals to be made from a chequing or savings account to pay bills, usually regular monthly payments such as for rent or mortgages.
- automatic premium loan (APL) — Acronym
- An option that prevents a lapse of coverage whereby the insurance company will make a premium payment on your behalf using the cash value of the policy provided there are sufficient funds to draw from.
- ➥ A provision available in some life insurance policies.
- Automobile Insurance Rate Board (AIRB) — Company Est.2004, Alberta, Canada
- ➥ Established by the Minister of Treasury Board and Finance Alberta.
- automobile liability insurance — Definition
- Insurance coverage for damages caused in traffic collisions.
- average accounting rate of return (AARR) — Acronym
- average annual yield (AAY) — Definition
- The average yield per year over the life of the investment, assuming all principal and interest remain on deposit until maturity.
- average collection period (ACP) — Acronym
- Average numbers of days it takes to acquire receivables.
- average daily balance (ADB) — Definition, Important
- This is the method by which most credit cards calculate your payment due. An average daily balance is determined by adding each day's balance and then dividing that total by the number of days in a billing cycle. The average daily balance is then multiplied by a card's monthly periodic rate, which is calculated by dividing the annual percentage rate by 12.
- average monthly household income (AMHI) — Acronym
- average tax rate — Definition
- The real rate of taxes you pay after taking into account the various federal tax brackets. There are different tax rates for different levels of income; you pay lower rates on the first part of your income, more on the later earnings. As you pass each income level, the money above that level is taxed at the next higher rate. Therefore, your average tax rate is less than the top rate you pay on a portion of income.
- average weighted prime lending rate (AWPLR, AWPR) — Acronym
- ➥ The more common acronym is AWPLR.
- average yield to maturity (AYTM) — Acronym
- aviation easement — Definition
- An agreement that grants the right to fly airplanes over property, even if the practice causes damage, inconvenience, or loss of property value. Such an agreement usually restricts the property owner from building or growing anything over a specified height.
Previous Page Assessments — Audit |
Currently Displayed — Page 8 Auditing and Assurance... — Aviation Easement |
Search the Glossary
Index for The Letter 'a'
Page 1: | Abandonment — |
Accounts Receivable/Accounts... | |
Page 2: | Accredited Mortgage Broker — |
Additional Principal Payment | |
Page 3: | Additional Property — |
Aggregate Stop Loss | |
Page 4: | Agreed Boundary — |
American Growth Fund | |
Page 5: | American National Standards... — |
Annuity Certain | |
Page 6: | Annuity Consideration — |
Assessment Rolls | |
Page 7: | Assessments — |
Audit | |
Page 8: | Auditing and Assurance... — |
Aviation Easement |
Notable Terms
- Average Daily Balance
- Average Tax Rate
- Aviation Easement
- Average Annual Yield
- Automobile Liability Insurance
Current Canadian Rates
For the best rate information in Canada, make use of our up to date interest rate comparison chart. Our brokers are not even remotely afraid of advertising our competitor's rates because we know how we stack up.
Mortgage Rates
Mortgage rates are at the lowest they've been in years. Lock in while you still have a chance to take advantage of these historically low rates.New Mortgage Calculator is Here
Our a new and improved mortgage calculator has everything our clients have requested over the years. Learn how mortgage interest rates, payment schedules and amortization periods influence the cost of your mortgage. Easily compare competing rates or add lump sum payments to the calculation. Try our new mortgage calculator.
|
Tel: 1-800-604-1864 Fax: 1-866-565-1864 info@superbrokers.ca |
© 2000-2020 Super Brokers is Canadian owned and operated by Colloco Enterprises.
All trademarks and logos are the property of their respective owners. All rights reserved.
All trademarks and logos are the property of their respective owners. All rights reserved.