Terms with Tag Banking
- Usury — Definition,
- Illegal, excessive interest.
- V.P. 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.
- Valley First — Company Est. 1947, British Columbia, Canada, ➥ A division First West Credit Union and also a Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Valuable Consideration — Definition,
- The granting of some beneficial right, interest, profit, or suffering of some detrimental forbearance, loss or default by one party in exchange for the performance of another.
- Valuation — Definition,
- The estimation of a property's price value through an appraisal.
- The process of finding the worth of an asset or business.
- Vancouver City Savings Credit Union — Company, Vancouver, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Vancouver Firefighters 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.
- Vancouver Society of Financial Analysts (VSFA) — Company, Vancouver, British Columbia, Canada,
- Vanguard 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.
- VantageOne 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.
- Variable Direct Debit (VDD) — Acronym,
- Variable Interest Rate — Definition,
- Percentage that a borrower pays for the use of money, and which moves up or down periodically based on changes in other interest rates.
- Variable Rate — Definition,
- A floating percentage value that fluctuates based on certain conditions.
- Vendor — Definition,
- The seller of a property.
- Vendor Take Back — Definition,
- Where the seller of the property provides all or some of the financing in order to sell the property.
- Vermilion Savings & Credit Union — Company, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Victory Community Credit Union (VCCU) — Company Est. 1948, Toronto, Ontario, Canada,
- Virtual One Credit Union Loan — Company, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Void Cheque — Definition,
- A check with the word "VOID" written on the face that cannot be cashed.
- Voluntary Life Insurance — Definition,
- Life insurance offered as part of an employee benefit package where the employee agrees to pay the insurance premiums.
- Wainwright Savings & Credit Union — Company Est. 1943, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Waiting Period — Definition,
- The amount of time that must pass before something occurs.
- Walk-away Lease — Definition,
- The most common type of car lease, also known as a closed-end lease. The lessee may return the car at the end of the lease term, pay any end-of-lease costs, such as the disposition fee, and the lease agreement is over. In a closed-end lease, the lender assumes the risk of predicting the value of the vehicle (its residual value) at the end of the lease's term. Closed-end lease payments are somewhat higher than open-end lease payments.
- Warranty — Definition,
- A document certifying clear title to a property.
- A guarantee from a dealer or a manufacturer that a vehicle or product will perform as expected or specified. An auto warranty usually covers specified mechanical problems for a set number of kilometers or period.
- Waterloo Regional Credit Union (WRCU) — Company Est. 1948, Kitchener, Ontario, Canada, ➥ See Your Neighbourhood Credit Union (YNCU).
- Western Union International Bank (WUIB) — Company Est. 1851,
- Westminster Savings Credit Union (WSCU) — Company, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages, and reverse mortgages.
- Westoba 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.
- Wetaskiwin Credit Union — Company, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Weyburn Credit Union (WCU) — Company Est. 1944, Saskatchewan, Canada, ➥ A Canadian NHA approved mortgage lender offering all lending types, including both residential single family and multi-unit mortgages. Also offers reverse mortgages.
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