Your All-in-One Canadian Financial Dictionary

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

A mortgage where the interest rate can go up or down over time. Your payments may change depending on market conditions.

Life insurance that provides lifelong coverage with fixed premiums. It also builds a cash value that grows over time.

A direct and secure way to send money between bank accounts, often used for large or international transfers.

Taking money out of your account whether at an ATM, in-branch, or digitally (like sending an Interac e-Transfer).