CANADIAN MORTGAGE GLOSSARY TERMS Here is a simple glossary of Canadian mortgage lending and finance related terms. To find the term you are looking for quickly, simply click on the letter below.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
K
Key
A password that is required to decipher encrypted data.
Key Lot
A property that must be acquired because it is essential to the development of land, either because of its strategic location or the timing of the acquisition.
Kicker
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.