Canadian Maple Leaf Licensing Info: FSCO (Ontario) #11363,
and serving all other provinces.
 

GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
^
50% - Moderately

Business


Synonyms:company
Acronyms &
abbreviations:
busn
Filed Under: abbreviation, financial-banking, investments, legal-contracts
Tags: banking, classifieds, contract, investment, legal, property listing
 

Definition of business (busn)

business (busn)
1. An entity that engages in professional, industrial or commercial activities. Businesses can be either non-profit or for-profit.
2. Professional, industrial or commercial activities assumed by an entity or group.
3. Economic activities within a particular area or type.

Related Terms and Acronyms:

  • accounting period (AP)   The time period used in a set of accounting books or financial statements, often 12 months.
  • commercial mortgage   A mortgage for commercial property.
  • incorporated business   A company that exists as a corporation.
  • inventory   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.
  • operating cash flow (OCF)   The money a company generates from its business operations. This revenue excludes costs from certain investments.
  • ordinary dividends   The distribution of a company's profits that are subject to full taxation.
  • preferred stock   A type of security that signifies part ownership in a corporation and is given preferential treatment over common stocks.
  • privately held company   A company that is not listed on a stock exchange.
  • publicly traded company   A company that is sold on a stock exchange.
  • sole proprietorship   A business owned by an individual where no legal distinction is made between the business and the owner.

More Related Terms and Acronyms

Search the Glossary

Mortgage Rates
Don't just settle for the substandard rate your bank offers you, use a broker and get a fantastic mortgage rate.
Mortgage Rates
 
Not All Brokers Offer Great Rates
The majority of brokers in Canada limit themselves to using a small network of lenders. We however, have access to dozens of lenders and the lowest mortgage rates in Canada.
Mortgage Rates
 
Compare Term Rates Using Our New Mortgage Calculator
The length of your mortgage term is often correlated with your interest rate. By and large, longer terms have higher rates and shorter terms have lower rates. With our mortgage calculator you can try out different mortgage terms and rates in order to see how they will affect the amount of interest you will end up paying in the long term.
New Mortgage Calculator with Rate Comparison