TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SUBSEQUENT PREMIUM [3 records]

Record 1 2015-06-03

English

Subject field(s)
  • Property Law (common law)
  • Law of Contracts (common law)
CONT

The mortgage sale is actually comprised of potentially two sales; the mortagage loan and the mortgage serving of the loan. The new mortgage loan is sold to another lender on the secondary mortgage market soon after closing. The mortgage loan-servicing can be sold to another loan servicer but is usually not and stays with the original loan servicer.

CONT

Your first annual buildings & contents insurance premium is due at the start of your mortgage. Subsequent annual premiums are due on the anniversary of date of completion of your mortgage sale.

French

Domaine(s)
  • Droit des biens et de la propriété (common law)
  • Droit des contrats (common law)

Spanish

Save record 1

Record 2 1997-01-29

English

Subject field(s)
  • Coins and Bank Notes
  • Numismatics
  • Coining
DEF

The amount by which the selling price of gold coinage exceeds the value of its fine gold content; Gold Maple Leaf purchasers receive a portion of the original premium paid, upon subsequent sale.

French

Domaine(s)
  • Pièces de monnaie et billets de banque
  • Numismatique
  • Monnayage
DEF

Différence entre le prix de vente d'une pièce d'or et la valeur de sa teneur en or; les acheteurs de la Feuille d'érable en or récupèrent une partie de la prime versée à l'achat lorsqu'ils revendent leur pièce.

Spanish

Save record 2

Record 3 1988-08-02

English

Subject field(s)
  • Insurance

French

Domaine(s)
  • Assurances

Spanish

Save record 3

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