Terms Starting with B
- Balloon Loan — Definition,
- A loan in which the payments aren't set up to repay the loan in full by the end of the term. At the end comes the balloon payment -- one that is larger than the other, periodic payments and pays off the remaining principal.
- Balloon Mortgage — Definition,
- A loan that has regular monthly payments which amortize over a stated term but call for a final lump sum (balloon payment) at the end of a specified term, or maturity date, such as 10 years.
- Balloon Payment — Definition,
- A loan instalment that is larger than the other, periodic payments and pays off the remaining principal.
- Bamfield Airport (YBF) — Acronym, Bamfield, British Columbia, Canada,
- Banff Airport (YBA) — Acronym, Banff, Alberta, Canada,
- Bank — Definition,
- An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
- Bank Advisory Committee (BAC) — Acronym,
- Bank Deposit Agreement (BDA) — Acronym,
- Bank for International Settlements (BIS) — Company Est. 1930, Basel, Switzerland,
- International financial organisation fostering cooperation to central banks.
- Bank Fund Staff Federal Credit Union (BFSFCU) — Company, United States and Canada,
- Bank Holding Company (BHC) — Acronym,
- A company that owns or controls one or more banks or companies associated with banking such as leasing companies, credit companies, etc. It is usually identified by the word Bancorp or Bancshares in the name. The Federal Reserve Board of Governors regulates all bank holding companies.
- Bank Investment Contract (BIC) — Acronym,
- Bank of America Investment Services, Inc. (BAI) — Company,
- Bank of Canada (BC, BOC) — Company Est. 1935, Ottawa, Ontario, Canada, Important,
- Canada's central bank.
➥ Canada's central bank. - Bank of Canada Non-Energy (BCNE) — Acronym, Canada, ➥ Commodity price index.
- Bank of Credit and Commerce International (BCCI) — Company,
- Bank of Montreal (BMO) — Company Est. 1817, Canada-wide, Very Important, ➥ Canada's very first bank. A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages, and reverse mortgages.
- Bank of Montreal Investment Counsel (BOMIC) — Acronym, Canada,
- Bank of Montreal Mortgage Corporation (BMMC) — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Bank of Nova Scotia (BNS) — Company Est. 1832, Canada-wide, Very Important,
- Multinational financial services provider with over 7-million customers across Canada.
➥ A Canadian NHA approved mortgage lender that offers all lending types. Also offers home incomes plan reverse mortgages. - Bank Rate — Definition,
- Closely related to the overnight rate, the bank rate is the interest rate the Bank of Canada charges to banks and other major financial institutions for one-day loans.
- Bank Reserves — Definition,
- Banks' holdings of deposits.
- Bank Spread — Definition,
- The difference between the interest rate a bank charges a borrower and the interest rate a bank pays a depositor.
- Bank West — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers mortgages for 1-4 multi-family units.
- Bank Wire — Definition,
- An electronic payment system for the transfer of money between banks.
- Bank Wire Transfer of Funds (BWTF) — Acronym,
- Bank, Province, Branch (BPB) — Acronym, Canada, ➥ Canadian banking branch descriptor.
- Bankers Blanket Bond (BBB) — Acronym,
- Bankruptcy (BK) — Acronym, Important,
- A court action under the Federal Bankruptcy Code by which a debtor's debts may be discharged, usually by transferring assets to a trustee, or rescheduled.
- Bankruptcy and Insolvency Act (BIA) — Acronym, Canada,
- A Canadian Act respecting bankruptcy and insolvency.
2.
Balloon Loan -
Bank Holding Company
Bank Holding Company
