Terms with Tag Banking

  • Non-Performing Loan (NPL)Acronym,
    • A mortgage loan that is in default or where the debtor is delinquent in making payments.
  • Non-recourse Debt Definition,
    • A loan secured by collateral where the borrower is not personally liable.
  • Non-refundable Credit Definition,
    • Tax credits reduce your tax liability dollar-for-dollar. Non-refundable credits can get your tax bill down to zero.
  • Non-Resident Tax (NR)Acronym,
      Bank account transaction code.
    • Non-Sufficient Funds (NSF) Acronym,
      • When funds are not enough to satisfy the payment of a cheque or draft made on that account; also known as non-sufficient funds (NSF).
    • Nonborrowed Reserves (NBR)Acronym,
      • North Peace Savings and Credit UnionCompany, British Columbia, Canada,
          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
        • North Shore Credit Union (NSCU) Company Est. 1941, North Vancouver, British Columbia, Canada,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • North Sydney Credit UnionCompany, Nova Scotia, Canada,
              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
            • North Valley Credit UnionCompany, Saskatchewan, Canada,
                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
              • North Winnipeg Credit Union (NWCU) Company Est. 1943, Winnipeg, Manitoba, Canada,
                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                • Northern Credit Union (NCU) Company Est. 1957, Ontario, Canada,
                    A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                  • Northern Lights Credit Union (NLCU) Company Est. 1947, Ottawa, Ontario, Canada,
                      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                    • Northern Savings Credit UnionCompany, British Columbia, Canada,
                        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                      • Northridge Savings & Credit Union (NSCU) Company, Canada,
                          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                        • Not Good (NG)Acronym,
                          • Not Service Chargeable (DN)Acronym,
                              Bank account transaction code.
                            • Not-for-Profit Definition,
                              • An Organization operated solely for: social welfare, civic improvement, pleasure or recreation, or any other purpose except profit.
                            • Note Definition,
                              • A legal acknowledgement of a debt and an implicit promise to repay. It includes the loan amount, interest rate and term.
                            • Note Rate Definition,
                              • The percentage paid by a borrower for the use of money, usually expressed as an annual percentage on a promissory note.
                            • Nova Scotia Credit Union Deposit Insurance Corporation (NSCUDIC) Company, Bedford, Nova Scotia, Canada,
                              • Noventis Credit UnionCompany, Manitoba, Canada,
                                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                • NSF Definition,
                                  • NSF means Non-sufficient Funds.
                                • NSF Charge (RC)Acronym,
                                    Bank account transaction code.
                                  • NSF Cheque Definition,
                                    • If a cheque is returned for this reason, it means that there was not enough money in your bank account to cover the amount of the cheque. There is a fee to you if this situation occurs.
                                  • Number of Free Transactions per Month Definition,
                                    • The number of transactions an account holder is allowed to make before being charged a fee. If the limit is exceeded, a per-item charge is applied. Some accounts offer an unlimited number of free transactions or no free transactions per month.
                                  • Oakbank Credit UnionCompany, Manitoba, Canada,
                                      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                    • Off-Balance Sheet (OBS)Acronym,
                                      • Office of the Comptroller of the Currency (OCC)Company,
                                        • Office of the Superintendent of Financial Institutions (OSFI) Company, Canada, Important,
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