Terms Starting with B

  • Business Development Manager (BDM)Acronym, Important,
      Primarily used by mortgage lenders to build working relationships with mortgage brokers.
    • Bank of Montreal Investment Counsel (BOMIC)Acronym, Canada,
      • Brand Credit Card (BCC)Acronym,
        • Bonus Reserve Valuation (BRV)Acronym,
          • Buyer Agent Commission (BAC)Acronym,
            • Refers to the sales commission earned by or due to the broker or agent representing the buyer in a real estate transaction.
          • BNP Paribas (Canada) Company Est. 1961, Canada-wide,
              A Canadian NHA approved mortgage lender that offers mortgages for 5 or more multi-family units.
            • Brillant Uncirculated (BU)Acronym,
              • British Columbia Law Institute (BCLI) Company, British Columbia, Canada,
                • Building (bldg)Abbreviation,
                  • Business Interest Expense Definition,
                    • Interest acquired in business operations can be deducted as a business expense.
                  • Blue Book Definition,
                    • Formally, it refers to the Kelley Blue Book, an industry guide dealers use to estimate wholesale and retail vehicle pricing.
                  • Balance Sheet (B/S, BS) Acronym,
                    • A listing of a business' assets, liabilities and ownership equity as of a specific date.
                  • Basic Current Account (BCA)Acronym,
                    • Billing Statement Definition,
                      • A monthly bill that is sent by a creditor to the customer that provides a summary of the activity on an account. This can include balances, purchases, payments, credits, and finance charges.
                    • Burgess Leclerc Financial Group Inc (BLFGI)Company, Ottawa, Ontario, Canada,
                      • British Columbia Nurses' Union (BCNU) Company Est. 1981, British Columbia, Canada,
                        • Buyer's Market Definition,
                          • When market conditions favour the buyer.
                        • Bayview Credit Union SocietyCompany, New Brunswick, Canada,
                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                          • Beaumont Credit UnionCompany, Alberta, Canada,
                              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                            • Below Market Interest Rate (BMIR)Acronym,
                              • British Columbia Transportation Financing Authority (BCTFA)Company, British Columbia, Canada,
                                • Bulkhead (bulk, BH)Acronym & Abbreviation,
                                  • Banque du Canada (BDC)Company, Canada,
                                      French acronym for Bank of Canada
                                    • Back Title Letter Definition,
                                      • A document that a title insurance company gives to an attorney specifying condition of the title.
                                    • Beaubear Credit UnionCompany, New Brunswick, Canada,
                                        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                      • Bank, Province, Branch (BPB)Acronym, Canada,
                                          Canadian banking branch descriptor.
                                        • Borrow Pit Definition,
                                          • A hole from which topsoil, gravel, or other material is removed for use in a construction project.
                                        • Bond Definition,
                                          • A certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date.
                                        • B2B BankCompany, Canada-wide,
                                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                          • Bonus Room (bns rm) Abbreviation,
                                            • A large multi-purpose room found in newer or larger homes.
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