TERMIUM Plus®

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INITIAL SET-UP FEE [1 record]

Record 1 2011-08-05

English

Subject field(s)
  • Financial Institutions
  • Banking
DEF

The fee payable to cover costs of setting up a loan.

CONT

Initial or one-time set-up fee. Some lenders will charge you a one-time set-up fee of $10 to $15 if you are a first-time customer.

CONT

Bank set-up fees: The analysis assumes that banks charge borrowers a one-time set-up fee equal to 0.5% of the principal value of a new loan.

French

Domaine(s)
  • Institutions financières
  • Banque
DEF

Frais exigés à l'emprunteur de la part du prêteur pour l'obtention d'un prêt.

CONT

Frais initiaux ou d'ouverture de dossier. Certains prêteurs vous imposeront des frais d'ouverture de dossier de 10 $ à 15 $, si vous n'êtes pas déjà client.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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