Terms Starting with B

  • Building Industry and Land Development (BILD)Company, North York, Ontario, Canada,
      Merged with Greater Toronto Home Builders' Association (GTHBA).
    • Building Code Effectiveness Grading Schedule (BCEGS)Acronym,
      • Browser Definition,
        • A computer software program used for accessing and viewing Internet Web sites.
      • Bilateral Contract Definition,
        • A legal agreement in which both parties promise to give each other something. A purchase agreement in which the buyer promises to give money and the seller promises to transfer property is a bilateral contract.
      • Billing and Accounts Receivable (BAR)Acronym,
        • Breach of Contract (BOC) Acronym,
          • Failure to abide by terms of a legal agreement without a legal excuse.
        • British Columbia Student Loan (BCSL)Acronym, British Columbia, Canada,
          • Built-In Microwave Oven (bi-mico)Abbreviation,
            • Bank Rate Definition,
              • Closely related to the overnight rate, the bank rate is the interest rate the Bank of Canada charges to banks and other major financial institutions for one-day loans.
            • Borrower Definition,
              • A person who borrows money or obtains a loan.
            • Balloon Mortgage Definition,
              • A loan that has regular monthly payments which amortize over a stated term but call for a final lump sum (balloon payment) at the end of a specified term, or maturity date, such as 10 years.
            • Burial Insurance Definition,
              • Insurance that provides coverage for funeral expenses.
            • Bank West Company, Canada-wide,
                A Canadian NHA approved mortgage lender that offers mortgages for 1-4 multi-family units.
              • Build-Operate-Transfer (BOT)Acronym,
                • Best Offer (BO)Acronym,
                  • Balance Sheet Item (BSI)Acronym,
                    • Backflip Takeover Definition,
                      • A form of takeover where the purchasing company becomes a subsidiary of the purchased company.
                    • Bergengren 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.
                      • Bankruptcy Trustee Definition,
                        • A private individual or corporation appointed to undertake bankruptcy proceedings for a individual or corporation.
                      • Built-ins Definition,
                        • Items, such as appliances and cabinets, that are permanently attached to a building.
                      • Binding Death Benefit Nomination (BDBN)Acronym, Australia,
                        • A legally binding document given to a trustee that states the beneficiaries of a life insurance death benefit.
                        Mostly an Australian insurance term.
                      • Business Development Program (BDP)Acronym, Canada,
                        • Broker-Agent Definition,
                          • An individual, usually in the employ of an insurance company, that is licensed as both an insurance broker and agent.
                        • Bearskin Lake Airport (XBE)Acronym, Bearskin Lake, Ontario, Canada,
                          • Business Automobile Policy (BAP)Acronym, Important,
                              An insurance policy that covers a company's use of vehicles used for business.
                            • Business Tax Reduction (BTR)Acronym, Canada,
                              • Business Development Officer (BDO)Acronym, Important,
                                • A Business Development Officer acts as a bridge between the mortgage brokerage and the underwriters and is responsible for ensuring the mortgage portfolios are fully funded in high quality mortgage investment.
                                Primarily used by mortgage lenders to build working relationships with mortgage brokers.
                              • Bath or Bathroom (ba)Abbreviation,
                                • Boulevard (Blvd)Abbreviation, Canada,
                                    Canada Post street abbrevation.
                                  • Balance Transfer Facility (BTF)Acronym,
                                    Compare. Calculate. Apply today.
                                    Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage