Canadian Maple Leaf Licensing Info: FSCO (Ontario) #11363,
and serving all other provinces.


Canadian Financial, Real Estate and Mortgage Glossary

  Currently Displayed — Page 1
Daily Periodic Rate — Defendant
  Next Page
Deferred Acquisition...Designated Appraiser...
daily periodic rate (DPR) — Acronym
date of birth (DOB) — Acronym
date of last activity (DOLA) — Acronym
days on market (DOM)Definition, Very Important
The period between listing and sale, or listing and a property being taken off the market.
death & disability (D&D) — Acronym, Important
  ➥  A life insurance policy rider.
death benefit (DB)Definition, Very Important
A payment or series of payments made to the beneficiaries of a life insurance policy.
  ➥  An amount paid to a beneficiary in a life linsurance policy.
Another name for withdrawal of funds from your account.
debit bureauDefinition
A service used by banks that eventually tracks account opening and closing information, cheque order history, cheque writing history, any history of collection activity on unpaid accounts, frequency of debit and ATM card use and household demographics. Under the system, when a consumer gives a cheque to a participating retailer, the individual's account is identified by punching a code into a computer or swiping a card containing a magnetic strip or microchip through an electronic reader, which tells the retailer whether to accept or reject the transaction.
debit card (DC)Definition, Important
A payment card that is linked directly to a customer's bank account. Some cards require a personal identification number. Others require a customer's signature. A PIN-based or direct debit card removes a purchase price from a customer's chequing account almost immediately. A signature-based or deferred debit card has a Visa or MasterCard logo and removes the purchase price from a customer's bank account in two or three days.
debris removal provisionDefinition
A property insurance policy provision that can pay for the costs of cleaning up debris resulting from insured damages.
Money one person or firm owes to another person or firm.
debt consolidationDefinition
The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. It's also called a consolidation loan. CanEquity has access to Canada's best debt consolidation products, for more info about debt consolidation see our debt consolidation page.
debt coverage ratio (DCR) — Acronym, Important
debt exchangeable for common stock (DECS) — Acronym
debt issuesDefinition
The issuance of bonds or other forms of debt on the public markets.
debt service ratio (DSR) — Acronym, Important
debt service reserve fund (DSRF) — Acronym
debt to income (DTI)Definition, Important
The percentage of an individual's income that is used to repay debt.
  ➥  A ratio used by mortgage lending underwriters when determining an individual's credit worthiness and their ability to service a mortgage loan.
debt-to-income ratioDefinition
The percentage of an individual's income that is used to repay debt.
debt/equity ratioDefinition
A comparison of debt and equity used to measure the health of a business.
A person who has filed a petition for relief under the bankruptcy laws.
declining life insuranceDefinition
Life insurance with a decreasing death benefit, often used to insure mortgage debt.
decreasing term life insuranceDefinition
A Term life insurance policy with benefits that decrease each year as the policyholder ages.
dedicated loan origination and servicing (DLOS) — Acronym
A payment that a policyholder must make before an insurer is required to provide benefits.
Expenses the government allows you to subtract from your taxable income. If you have taxable income of $31,000 and deductions of $4,000, then you would figure how much tax you owe on the difference -- $27,000.
deed (D)Definition, Very Important
A document that provides title to property and is filed with a country recorder.
  ➥  Used to transfer ownership of assets, often land or automobiles.
deed to secure debt (DSD) — Acronym
When a borrower fails to fulfill the obligations of a loan or lease.
The accused party in a lawsuit or criminal trial.
  Currently Displayed — Page 1
Daily Periodic Rate — Defendant
  Next Page
Deferred Acquisition...Designated Appraiser...

Search the Glossary

Index for The Letter 'd'

Page 1: Daily Periodic Rate
Page 2: Deferred Acquisition Costs
Designated Appraiser...
Page 3: Desjardins Financial...
Page 4: Discount Point
Dual Agent
Page 5: Dual Income, No Kids
Dynamic Currency Conversion

Notable Terms

A Brand New Mortgage Calculator
See the effects of changing a payment schedule from monthly to bi-weekly accelerated with our new and improved mortgage calculator. It will give you a breakdown and comparison of different payment schedules, plus you can also enter pre-payments, lump sum payments and calculate the cost of mortgage insurance fees.
Brand New Mortgage Calculator
Best Residential Mortgage Rates
With our low residential mortgage rates, even the best home on your list is easily within your budget. Pay less in interest and increase your principal price range. Apply now!
Best Rates
Mortgage Rate History
Interested in seeing see how variable rate mortgages measure up to fixed rate mortgages? Our mortgage rates history report will show you what you need to know. Look back up to ten years to see how rates have changed over time.
Mortgage Rates Up