Terms Starting with O
- Ottawa Women's Credit Union (OWCU) — Company Est. 1980, Ottawa, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Ottawa-Carleton Home Builders' Association (OCHBA) — Company, Ottawa, Ontario, Canada,
- Out-of-Pocket Limit — Definition,
- A cap on the amount of costs a policyholder will ever need to pay with their own money without receiving benefits.
- Outbuilding(s) (OUTBULD) — Acronym, ➥ As in detached garages, sheds, barns, etc.
- output GDP (GDP(O)) — Acronym,
- Outright (O/R) — Acronym, ➥ A foreign exchange transaction.
- Over Limit Fee (OLF) — Acronym, ➥ Secured Visa fee.
- Over-the-Counter (OTC) — Acronym,
- Over-the-limit Fee — Definition,
- A fee charged for exceeding the credit limit on the card.
- Overall Liquidity Ratio — Definition,
- A method of determining how easily and quickly a company can sell off assets to pay off its debts.
- Overdraft (DR) — Acronym,
- The amount that a cheque exceeds the available balance in the payor's account; also insufficient funds.
➥ Bank account transaction code. - Overdraft Annual Cost — Definition,
- A fee charged by the bank to cover the overdraft feature on a client's chequing account. The client pays the fee even if the overdraft protection is never activated. This fee may be charged in addition to the one-time fee.
- Overdraft Minimum Amount — Definition,
- Minimum amount that will be transferred to the accountholder's account if a potential non-sufficient funds (NSF) situation occurs.
- Overdraft Protection — Definition,
- A service that allows a chequing account to be linked to another savings or line of credit to provide protection against insufficient funds or overdrafts.
- Overnight Rate — Definition,
- The interest rate banks use to lend or borrow funds from each other.
- Overseas Employment Tax Credit (OETC) — Acronym, Canada, ➥ Phased out.
- Oversize (o/s) — Abbreviation,
- Oversized Garage (over) — Abbreviation,
- Owen Sound (OS) — Acronym, Owen Sound, Ontario, Canada,
- Own-Occupation Provision — Definition,
- Insurance that triggers when a policyholder is unable to work in his or her own occupation due to disablement.
- Owner Agent (OA) — Acronym,
- Owner Financing (OWN, O/F, OF) — Acronym,
- A transaction in which the seller lends all or part of the money to the buyer.
- Owner Is a Licensed Real Estate Agent (OLREA) — Acronym,
- Owner Occupant — Definition,
- A borrower who resides in the property used as security for the loan.
- Owner Phone Number (OPH) — Acronym,
- Owner Will Carry (OWC) — Acronym,
- A mortgage term used when a seller will offer financing (lend the money) to a qualified buyer.
➥ Mortgage financing term. - Owner Will Finance (OWF) — Acronym,
- Owner-Occupied (OO, owner/occ) — Acronym & Abbreviation,
- Used by mortgage lenders and brokers upon negotiating terms of a mortgage loan. Owner occupied means that the borrower is also the primary resident of the property to be mortgaged.
- The owner lives in the building.
- Owner-Occupied Contruction (OOC) — Acronym,
- Owner's Funds (OF) — Acronym,
7.
Ottawa Women's Credit Union -
Over-the-Counter
Over-the-Counter
