Terms with Tag Banking
- Irrevocable Beneficiary — Definition,
- A life insurance or segregated fund beneficiary whose benefit cannot be revoked or modified in any way without his or her consent.
- Island Savings 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.
- Issuer — Definition,
- A legal entity that develops, registers, and sells securities including stocks, bonds and derivatives.
- Italian Canadian Savings & 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.
- Joint (J) — Acronym, ➥ In relation to bank accounts.
- Joint Account (J/A) — Acronym, Important,
- A bank account owned by two or more persons who share equally in the rights and liabilities of the account.
- Joint Credit — Definition,
- Credit that is issued to two people based their credit reports and their combined assets and incomes. The repayment of joint credit is the responsibility of both parties.
- Joint Liability — Definition,
- The responsibility of two or more people to repay a debt
- Joint Stock Commercial Bank (JSCB) — Acronym,
- Joint Tenancy — Definition,
- When two people (typically spouses) both own an undivided interest in a property. If one joint tenant passes away, the other receives the title to the entire property.
- Joint Venture — Definition,
- A partnership between two or more parties for the purpose of purchasing, owning, and/or developing real estate for a specific purpose and duration.
- Joint-Venture Commercial Bank (JVCB) — Acronym,
- Jointly-owned Property — Definition,
- A property held in the name of more than one person.
- Journal of International Banking Law and Regulation (JIBLR) — Acronym,
- Kawartha Credit Union (KCU) — Company, Ontario, Canada, ➥ Merged with Unity Savings and Credit Union under the Kawartha Credit Union name in March 2012. A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kenora District Credit Union (KDCU) — Company, Ontario, Canada, ➥ Merged with Lakewood Credit Union Limited in October of 2008 to create Copperfin Credit Union Limited.
- Kerrobert 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.
- Khalsa 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.
- Khalsa Credit Union (Alberta) — Company, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kicker — Definition,
- Any benefit to a lender above ordinary fixed-interest payments such as an equity position in a property or a percentage participation in the income stream.
- Kidnap and Ransom Insurance — Definition,
- Insurance that covers expenses involved if an individual is kidnapped and ransom payments are made.
- Killarney Credit Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kingston Community Credit Union (KCCU) — Company Est. 1957, Kingston, Ontario, Canada, ➥ Originally founded as the Kingston Civic Employees Credit Union. A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Know-Your-Client (KYC) — Acronym,
- Know-Your-Customer (KYC) — Acronym,
- Kootenay Savings Credit Union (KSCU) — Company Est. 1969, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- L.I.U.N.A. Local 183 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.
- La Salle Credit Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Laddering — Definition,
- Staggering deposits into investments such as CDs in order to vary and better the rate of return.
- Ladysmith & District Credit Union (LDCU) — Company Est. 1944, Ladysmith, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
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