CANADA MORTGAGE AND HOUSING CORPORATION - CMHC
A corporation funded by the Canadian administration that gives mortgage loans to people who wants to purchase a house. Established as a crown corporation, the CMHC provides housing to soldiers returning from WWII. As time passed by, the CMHC changed to also include the development and planning of housing projects in city areas, as well as study into real estate latest.
POPULAR TERMS
Maximum Loan-to-Value Ratio
Maximum allowable ratio of a loan’s size to the property’s value that is securing the loan. Lenders measure the risk using loan-to-valu ...
Cash Return on Assets Ratio
Ratio used to differentiate a business’ performance against other industry members. The company’s analysts may use the ratio internally ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
Infrastructure
Basic physical systems of a business or country such as roads, utilities, transportation, communication, sewage, and water and electric systems, am ...
Cost Control
Act of managing and/or reducing business expenditures done by determining the costs and evaluating if such expenses are affordable and reasonable. ...
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SEE FOREX TUTORIAL
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Student Loans: Private Loans
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Health Savings Account: Introduction
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