Terms Starting with F

  • Finished and Graded (fgra)Abbreviation,
    • Land that has been prepared for the development of buildings or the installation of improvements such as sewer and electric lines, streets, public facilities and common areas.
    Could mean a lot, development, complex, parcel of land, etc.
  • Finished Basement (f-bmt)Abbreviation,
    • Finished Garage (FGR)Acronym,
      • Finished Lower Level (fin ll, finll)Abbreviation,
        • Finished Open Porch (FOP)Acronym,
          • Finished Room Over Garage (FROG)Acronym,
            • Finished Screen Porch (FSP)Acronym,
              • Finite Reinsurance Definition,
                • A reinsurance arrangement where the reinsurer only takes on a limited amount of risk from the ceding party.
              • Finnish Credit UnionCompany, Ontario, Canada,
                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                • Fire Alarm (alarm-f)Abbreviation,
                  • Fire Inspectors Association of Nova Scotia (FIANS) Company Est. 1994, Nova Scotia, Canada,
                    • Fire Insurance Definition,
                      • Insurance that covers losses from fire damage to insured assets.
                    • Fireplace (firepl, fpl, fplc, fp)Abbreviation,
                      • Firm Commitment Definition,
                        • A lender's promise to lend money to a specific borrower on specified terms at a certain time.
                      • Firm Fixed Price (FFP)Acronym,
                        • Firm Order Commitment (FOC)Acronym,
                          • First Calgary Savings Credit UnionCompany, Alberta, Canada,
                              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                            • First Canadian Title (FCT) Company Est. 1991, Canada,
                              • First Credit Union (FCU) Company Est. 1939, British Columbia, Canada,
                                  Originated as Powell River Credit Union (PRCU). A Canadian NHA approved mortgage lender that offers all lending types and reverse mortgages.
                                • First Data Loan Company, Canada (FDLCC) Company, Mississauga, Ontario, Canada,
                                  • First Dollar Coverage Definition,
                                    • Insurance coverage that does not require the insured to pay a deductible.
                                  • First Financial Consulting Services Ltd. (FFCS)Company Est. 2007, Brampton, Ontario, Canada,
                                    • First Floor Bedroom (ffbr)Abbreviation,
                                      • First In, First Out method (FIFO)Acronym,
                                        • First In, Last Out method (FILO)Acronym,
                                          • First Lien Definition,
                                            • Primary claim by the lender for satisfaction of outstanding debt. A first mortgage creates a first lien.
                                          • First Loss Insurance Policy Definition,
                                            • An insurance policy where the policyholder under-insures their assets and will only receive partial coverage in the event of a loss.
                                          • First Mortgage Definition, Important,
                                            • A mortgage that is the primary lien against a property.
                                          • First National Financial (FNF) Company Est. 2006, Toronto, Ontario, Canada,
                                              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                            • First National Financial Corporation (FNFC)Company, Toronto, Ontario, Canada,
                                              • First National Financial LP is Canada’s largest non-bank lender, offering both commercial and residential mortgage.
                                              Now called First National Financial LP.
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