Glossary Index | Categories | Tagged Terms

Terms Starting with F

Financial Groups Directive -
Financial Planning Proficie...

First Nations Bank of Canada -
Fiscal Policy

Finished and Graded (fgra) — Abbreviation,
- Land that has been prepared for the development of buildings or the installation of improvements such as sewer and electric lines, streets, public facilities and common areas.
➥ Could mean a lot, development, complex, parcel of land, etc.
Finished Basement (f-bmt) — Abbreviation,
Finished Garage (FGR) — Acronym,
Finished Lower Level (finll, fin ll) — Abbreviation,
Finished Open Porch (FOP) — Acronym,
Finished Room Over Garage (FROG) — Acronym,
Finished Screen Porch (FSP) — Acronym,
Finite Reinsurance — Definition,
- A reinsurance arrangement where the reinsurer only takes on a limited amount of risk from the ceding party.
Finnish Credit Union — Company, Ontario, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Fire Alarm (alarm-f) — Abbreviation,
Fire Inspectors Association of Nova Scotia (FIANS) — Company Est. 1994, Nova Scotia, Canada,
Fire Insurance — Definition,
- Insurance that covers losses from fire damage to insured assets.
Fireplace (fpl, fplc, firepl, fp) — Abbreviation,
Firm Commitment — Definition,
- A lender's promise to lend money to a specific borrower on specified terms at a certain time.
Firm Fixed Price (FFP) — Acronym,
Firm Order Commitment (FOC) — Acronym,
First Calgary Savings Credit Union — Company, Alberta, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
First Canadian Title (FCT) — Company Est. 1991, Canada,
First Credit Union (FCU) — Company Est. 1939, British Columbia, Canada,
➥ Originated as Powell River Credit Union (PRCU). A Canadian NHA approved mortgage lender that offers all lending types and reverse mortgages.
First Data Loan Company, Canada (FDLCC) — Company, Mississauga, Ontario, Canada,
First Dollar Coverage — Definition,
- Insurance coverage that does not require the insured to pay a deductible.
First Financial Consulting Services Ltd. (FFCS) — Company Est. 2007, Brampton, Ontario, Canada,
First Floor Bedroom (ffbr) — Abbreviation,
First In, First Out method (FIFO) — Acronym,
First In, Last Out method (FILO) — Acronym,
First Lien — Definition,
- Primary claim by the lender for satisfaction of outstanding debt. A first mortgage creates a first lien.
First Loss Insurance Policy — Definition,
- An insurance policy where the policyholder under-insures their assets and will only receive partial coverage in the event of a loss.
First Mortgage — Definition, Important,
- A mortgage that is the primary lien against a property.
First National Financial (FNF) — Company Est. 2006, Toronto, Ontario, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
First National Financial Corporation (FNFC) — Company, Toronto, Ontario, Canada,
- First National Financial LP is Canada’s largest non-bank lender, offering both commercial and residential mortgage.
➥ Now called First National Financial LP.