Terms with Tag Banking
- First West Credit Union — Company, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Firstline Mortgages (FLM) — Company, Toronto, Ontario, Canada, Very Important,
- As of July 31, 2012, Firstline Mortgages announced that it will no longer be accepting new mortgage clients.
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages. - FirstOntario Credit Union (FCU) — Company Est. 1939, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Fiscal Deficit — Definition,
- When the government spends more money than it receives in revenue over the course of one year.
- Fiscal Policy — Definition,
- The use of government spending and taxation policies to influence the economy.
- Fiscal Surplus — Definition,
- When the government receives more in revenue than it spends over the course of the year.
- Fixed Instalment — Definition,
- Periodic (usually monthly) payment on a loan whose sum does not vary.
- Flat Fee — Definition,
- A fixed charge that a broker requests instead of a commission.
- Flexible Credit Line (FCL) — Acronym,
- Float — Definition,
- The time at which funds are debited from the issuer's account.
- The amount of time the bank takes to clear or reject a cheque for payment
- Foam Lake Savings & Credit Union — Company, Saskatchewan, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Fonds Communautaire d'Emprunt de la Mauricie (FCEM) — Acronym, Quebec, Canada,
- Providing access to financing, consulting and support to individuals and businesses with limited access to conventional financial services.
➥ French acronym for Mauricie Community Loan Fund - Food Family Credit Union — Company, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Forbearance — Definition,
- Delaying foreclosure, usually because the borrower has arranged to pay the amount in arrears.
- Foreclosure — Definition,
- The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt.
- Foreign Currency (FCY) — Acronym,
- Paper money and coins from other countries.
- Foreign Currency Deposit (FCD) — Acronym,
- Foreign Currency Exchange (FCE) — Acronym,
- Foreign Currency Non-Resident (FCNR) — Acronym,
- Bank account for cross border and international trade.
- Foreign Currency Surcharge — Definition,
- A fee charged by a credit card company for purchases made in a foreign currency.
- Foreign Exchange (FOREX, F/X, FE, FX) — Acronym,
- Various instruments used to settle payments for transactions between individuals or organizations using different currencies (e.g., notes, cheques, etc.).
➥ Bank account transaction code. - Foreign Exchange Rate (FXRate) — Abbreviation,
- The value of a nation's currency in terms of another nation's currency
- Foreign Exchange Station (FXS) — Acronym,
- Foreign Exchange Subscriber (FXS) — Acronym,
- Foreign Investment — Definition,
- Investing money into a business in another country.
- Forfeiture — Definition,
- Loss of property because of violation of law or contract.
- Fort York Community Credit Union (FYCCU) — Company Est. 1950, Toronto, Ontario, Canada, ➥ Originally incorporated as the Massey Ferguson Employees’ Credit Union.
- Four Pillars — Definition,
- Refers to the main types of financial institutions: banking, trust, insurance, and securities.
- Franchise — Definition,
- The right to sell products or services under a corporate name or trade mark (established by someone else). This right is usually purchased for cash in addition to a royalty fee on, or a percentage of, all sales.
- Fraud Prevention & Detection (FPD) — Acronym,
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