Terms with Tag Banking

  • First West Credit UnionCompany, British Columbia, Canada,
      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
    • Firstline Mortgages (FLM) Company, Toronto, Ontario, Canada, Very Important,
      • As of July 31, 2012, Firstline Mortgages announced that it will no longer be accepting new mortgage clients.
      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
    • FirstOntario Credit Union (FCU) Company Est. 1939, Ontario, Canada,
        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
      • Fiscal Deficit Definition,
        • When the government spends more money than it receives in revenue over the course of one year.
      • Fiscal Policy Definition,
        • The use of government spending and taxation policies to influence the economy.
      • Fiscal Surplus Definition,
        • When the government receives more in revenue than it spends over the course of the year.
      • Fixed Instalment Definition,
        • Periodic (usually monthly) payment on a loan whose sum does not vary.
      • Flat Fee Definition,
        • A fixed charge that a broker requests instead of a commission.
      • Flexible Credit Line (FCL)Acronym,
        • Float Definition,
          • The amount of time the bank takes to clear or reject a cheque for payment
          • The time at which funds are debited from the issuer's account.
        • Foam Lake Savings & Credit UnionCompany, Saskatchewan, Canada,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • Fonds Communautaire d'Emprunt de la Mauricie (FCEM) Acronym, Quebec, Canada,
            • Providing access to financing, consulting and support to individuals and businesses with limited access to conventional financial services.
            French acronym for Mauricie Community Loan Fund
          • Food Family Credit UnionCompany, Ontario, Canada,
              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
            • Forbearance Definition,
              • Delaying foreclosure, usually because the borrower has arranged to pay the amount in arrears.
            • Foreclosure Definition,
              • The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt.
            • Foreign Currency (FCY) Acronym,
              • Paper money and coins from other countries.
            • Foreign Currency Deposit (FCD)Acronym,
              • Foreign Currency Exchange (FCE)Acronym,
                • Foreign Currency Non-Resident (FCNR)Acronym,
                  • Bank account for cross border and international trade.
                • Foreign Currency Surcharge Definition,
                  • A fee charged by a credit card company for purchases made in a foreign currency.
                • Foreign Exchange (F/X, FX, FOREX, FE) Acronym,
                  • Various instruments used to settle payments for transactions between individuals or organizations using different currencies (e.g., notes, cheques, etc.).
                  Bank account transaction code.
                • Foreign Exchange Rate (FXRate) Abbreviation,
                  • The value of a nation's currency in terms of another nation's currency
                • Foreign Exchange Station (FXS)Acronym,
                  • Foreign Exchange Subscriber (FXS)Acronym,
                    • Foreign Investment Definition,
                      • Investing money into a business in another country.
                    • Forfeiture Definition,
                      • Loss of property because of violation of law or contract.
                    • Fort York Community Credit Union (FYCCU) Company Est. 1950, Toronto, Ontario, Canada,
                        Originally incorporated as the Massey Ferguson Employees’ Credit Union.
                      • Four Pillars Definition,
                        • Refers to the main types of financial institutions: banking, trust, insurance, and securities.
                      • Franchise Definition,
                        • The right to sell products or services under a corporate name or trade mark (established by someone else). This right is usually purchased for cash in addition to a royalty fee on, or a percentage of, all sales.
                      • Fraud Prevention & Detection (FPD)Acronym,
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