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banking.pcfinancial.ca
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Definitions (65)
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automated banking machine
A bank machine is sometimes referred to as an automated teller machine (ATM). With your President's Choice Financial®
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amortization
The amount of time (usually set out in months or years) it will take to pay off a jump to
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appraisal
An appraisal is a determination of the value of a property for lending purposes. A lender usually requires an appraisal and is charged a fee by the appraiser, which the lender may require the borrower to pay.
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asset
Everything a business or person owns or is owed, such as money, securities and property (for example, equipment and buildings).
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asset mix
The weighting of assets in an investment portfolio among different jump to
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bank card
Also known as a debit card, it is a card used instead of cash to pay for purchases. Once you approve the transaction by entering your PIN, the amount is debited (deducted) from your account and paid to the merchant or retailer. A bank card can also be used to make cash withdrawals and perform other transactions at bank machines.
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bank draft
A guaranteed form of payment that is issued by a bank.
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bond
A certificate that evidences a debt. The issuer of the bond promises to pay the holder jump to
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bank machine
A bank machine, sometimes referred to as an automated teller machine (ATM). With your President's Choice Financial®
Meaning awaits approval from a moderator |
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