Terms with Category Financial Banking
- Inventory — Definition,
- 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.
- Investment — Definition,
- Something you put your money into in order to make money.
- Investment Banking (IBK) — Acronym,
- Bank operations that manage a bank's funding position, as well as its holdings of Treasury bills, bonds and preferred and common stock.
- Investment Canada Act (ICA) — Acronym, Canada,
- A Canadian law that gives the government power to deny foreign investments of "significant" size if they fail to provide a "net benefit to Canada."
- Investment in the Contract — Definition,
- The principal that has been contributed to an annuity.
- Investment Income — Definition,
- Income that is earned from investments such as interest, dividends, and capital gains.
- Investment Property — Definition,
- Property bought with the hope of it making money.
- Investments in Affiliates — Definition,
- A situation where an investor has a great deal of control over the operation and/or financial management of his or her investment.
- Irrevocable Beneficiary — Definition,
- A life insurance or segregated fund beneficiary whose benefit cannot be revoked or modified in any way without his or her consent.
- Issuer — Definition,
- A legal entity that develops, registers, and sells securities including stocks, bonds and derivatives.
- Joint Account (J/A) — Acronym, Important,
- A bank account owned by two or more persons who share equally in the rights and liabilities of the account.
- Joint Credit — Definition,
- Credit that is issued to two people based their credit reports and their combined assets and incomes. The repayment of joint credit is the responsibility of both parties.
- Joint Liability — Definition,
- The responsibility of two or more people to repay a debt
- Joint Tenancy — Definition,
- When two people (typically spouses) both own an undivided interest in a property. If one joint tenant passes away, the other receives the title to the entire property.
- Joint Venture — Definition,
- A partnership between two or more parties for the purpose of purchasing, owning, and/or developing real estate for a specific purpose and duration.
- Jointly-owned Property — Definition,
- A property held in the name of more than one person.
- Kicker — Definition,
- Any benefit to a lender above ordinary fixed-interest payments such as an equity position in a property or a percentage participation in the income stream.
- Kidnap and Ransom Insurance — Definition,
- Insurance that covers expenses involved if an individual is kidnapped and ransom payments are made.
- Laddering — Definition,
- Staggering deposits into investments such as CDs in order to vary and better the rate of return.
- Landlord — Definition,
- One who rents or leases his or her property to another person or a business.
- Large Value Transfer System (LVTS) — Acronym,
- System being created by the Canadian Payments Association that will settle large value payments, possibly $50,000 and over, at the central bank on a same-day basis.
- Late Charge — Definition,
- A fee imposed on a borrower for not paying on time
- Late Payment — Definition,
- A sum a borrower sends to a lender that is received past the date when it was due.
- Lead Lender — Definition,
- A financial institution which heads up a financial consortium or syndicate to provide funds for a mortgage.
- Lease (lse) — Abbreviation,
- A written agreement in which the property owner allows a tenant to use property in exchange for rent, and for a specified period. Or, a written agreement in which a car dealer allows a consumer to use a vehicle in exchange for payments for a specified period.
- Lease Extension — Definition,
- The continuation of an existing lease, at the original monthly payment, usually on a month-by-month basis.
- Lease Option — Definition,
- A written agreement in which an owner allows an individual to use a property in exchange for rent, and also gives that individual the right to buy the property for a specified price within a specified period
- Leasehold (l/h) — Abbreviation,
- Land or property held under a lease for a term of years.
- Legal Fees and Disbursements — Definition,
- Charges paid on your behalf by a solicitor that are in addition to professional costs.
- Lender — Definition,
- The bank or mortgage company offering the loan.
15.
Inventory -
Leasehold
Leasehold
