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Canadian Financial, Real Estate and Mortgage Glossary

Banking Terms

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international journal of banking, accounting and finance (IJBAAF)Acronym
international journal of development banking (IJDB)Acronym
international personal banking (IPB)Acronym
international private bank (IPB)Acronym
international private banking systems (IPBS)Acronym
international reconstruction and development bank (IRDB)Acronym
International Savings Banks Institute (ISBI)Company
  ➥  Now World Savings Banks Institute.
international standard banking practice (ISBP)Acronym
internet online banking (IOLB)Acronym
inventoryDefinition (Insurance, Financial-banking)
Stock on hand in the form of goods ready for sale. Also includes raw material in the process of being manufactured or completed for sale.
investmentDefinition (Investments, Taxation, Financial-banking)
Something you put your money into in order to make money.
investment bank holding company (IBHC)Acronym
investment banking (IBK)Definition (Investments, Financial-banking)
Bank operations that manage a bank's funding position, as well as its holdings of Treasury bills, bonds and preferred and common stock.
investment banking advisory services (IBAS)Acronym
investment banking and investment management (IBIM)Acronym
investment banking division (IBD)Acronym
investment in the contractDefinition (Investments, Estate-management, Annuities, Financial-banking)
The principal that has been contributed to an annuity.
investment incomeDefinition (Investments, Taxation, Financial-banking)
Income that is earned from investments such as interest, dividends, and capital gains.
investment propertyDefinition (Investments, Mortgages, Real-estate, Financial-banking)
Property bought with the hope of it making money.
investments in affiliatesDefinition (Investments, Financial-banking)
A situation where an investor has a great deal of control over the operation and/or financial management of his or her investment.
irrevocable beneficiaryDefinition (Investments, Estate-management, Insurance, Financial-banking)
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 UnionBank, British Columbia, Canada
  ➥  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
issuerDefinition (Investments, Insurance, Financial-banking)
A legal entity that develops, registers, and sells securities including stocks, bonds and derivatives.
Italian Canadian Savings & Credit UnionBank, Ontario, Canada
joint (J)Abbreviation
  ➥  In relation to bank accounts.
joint account (J/A)Definition (Financial-banking)
A bank account owned by two or more persons who share equally in the rights and liabilities of the account.
joint creditDefinition (Mortgages, Financial-banking)
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 liabilityDefinition (Mortgages, Financial-banking, Legal-contracts)
The responsibility of two or more people to repay a debt
joint stock commercial bank (JSCB)Acronym
joint tenancyDefinition (Real-estate, Financial-banking)
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 ventureDefinition (Real-estate, Financial-banking)
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 propertyDefinition (Real-estate, Financial-banking)
A property held in the name of more than one person.
journal of international banking law and regulation (JIBLR)Acronym
Kawartha Credit Union (KCU)Bank, 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)Bank, Ontario, Canada
  ➥  Merged with Lakewood Credit Union Limited in October of 2008 to create Copperfin Credit Union Limited.
Kerrobert Credit UnionBank, Saskatchewan, Canada
Khalsa Credit UnionBank, British Columbia, Canada
Khalsa Credit Union (Alberta)Bank, Alberta, Canada
kickerDefinition (Mortgages, Taxation, Financial-banking)
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 insuranceDefinition (Insurance, Financial-banking)
Insurance that covers expenses involved if an individual is kidnapped and ransom payments are made.
Killarney Credit UnionBank, Manitoba, Canada
Kingston Community Credit Union (KCCU)Bank 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)Bank Est.1969, British Columbia, Canada
L.I.U.N.A. Local 183 Credit UnionBank, Ontario, Canada
La Salle Credit UnionBank, Manitoba, Canada
ladderingDefinition (Investments, Mortgages, Financial-banking)
Staggering deposits into investments such as CDs in order to vary and better the rate of return.
Ladysmith & District Credit Union (LDCU)Bank Est.1944, Ladysmith, British Columbia, Canada
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Instant TellerInternational Investment...
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Lafleche Credit UnionLocal Taxes

Search the Glossary

Index of Banking Terms

Page 1: 1st Choice Savings and...
Amortized Loan
Page 2: Amount Financed
Automatic Transfer of Loan...
Page 3: Automatic Transfer Service
Before-tax Income
Page 4: Belgian-Alliance Credit...
Caisse d'économie Desjardins...
Page 5: Caisse d'économie Desjardins...
Caisse Desjardins de Hull
Page 6: Caisse Desjardins de...
Caisse Desjardins de Saint...
Page 7: Caisse Desjardins de Saint...
Caisse Desjardins du Haut...
Page 8: Caisse Desjardins du Lac des...
Caisse populaire de Field
Page 9: Caisse populaire de...
Caisse populaire Desjardins...
Page 10: Caisse populaire Desjardins...
Caisse populaire Desjardins...
Page 11: Caisse populaire Desjardins...
Caisse populaire Desjardins...
Page 12: Caisse populaire Desjardins...
Caisse populaire Madawaska
Page 13: Caisse populaire Mer et...
Canadian Payments...
Page 14: Canadian Western Bank
Cheques Returned with...
Page 15: Chequing Account
Commercial Real Estate...
Page 16: Commingling
Page 17: Credit Card
Page 18: Declining Life Insurance
Page 19: Earl Grey Credit Union
Etobicoke Aluminum Employees...
Page 20: Etobicoke Teachers Credit...
Page 21: Foam Lake Savings & Credit...
Gross International Reserves
Page 22: Gross Overtime
Page 23: Instant Teller
International Investment...
Page 24: International Journal of...
Ladysmith & District Credit...
Page 25: Lafleche Credit Union
Local Taxes
Page 26: Lock-in
Monetary Policy Committee
Page 27: Monetary Policy Report...
Non-owner Occupant
Page 28: Non-Performing Loan
Ordinary Dividends
Page 29: Ordinary Income
Personal Property Taxes
Page 30: Personal Savings
Private Lender
Page 31: Privately Held Company
Remaining Balance
Page 32: Remaining Term
Same Day Funds Settlement
Page 33: Sandhills Credit Union
Split-Funded Annuity
Page 34: Spread
Tax Liability
Page 35: Tax Lien
Underwriting Expenses
Page 36: Underwriting Guide
Weyburn Credit Union
Page 37: Williams Lake and District...
Zero Balance

Notable Terms

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