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There are 20 entries in this glossary.
All 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
Term Definition
In-row building - 1 side (Bâtiment en rangée - 1 côté)
Refers to a building that is comprised in an assembly of at least three buildings which are joined laterally by common walls, but which share common wall only on one side.
In-row building - more than 1 side - Townhouse (Bâtiment en rangée - plus de 1 côté - maison de ville)
Refers to a building that is comprised in an assembly of at least three buildings which are joined laterally (or multilaterally) by common walls and shares common walls on both sides.
Incentive or Bonus zoning (Zonage incitatif)
Incentive zoning or bonus zoning means a zoning in which, an incentive such as a relaxation in zoning restrictions are offered to a developer for providing public benefits like building a desired public improvement, or building in areas that requires economic development.
Income Capitalization Approach (Méthode du revenu)
The Income Capitalization Approach is based on the notion that the value of a property is indicated by the present value of future benefits. Income producing properties such as hotels traditionally use the income approach when determining their value. Thus we, believe the most appropriate method of valuing a lodging operation is to estimate the maintainable income stream representative of the earning power for the property. Since hotels are generally bought and sold on the basis of future earnings potentials, the Income Approach is considered to provide the best indication of value.
Income property ou Income producing property (Immeuble locatif)
Property which produce income to its owner.
Incorporeal Moveable or intangible (Intangible)
A moveable that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, and business methodologies), goodwill, mining rights and brand recognition are all common intangible moveables in today's marketplace.
Incurable Functional Obsolescence (Désuétude fonctionnelle incurable)
A functional obsolescence not physically or economically curable.
Incurable Physical Depreciation (Dépréciation physique incurable)
Incurable physical depreciation refers to items generally of deferred maintenance that cannot be practically or economically corrected at present. Incurable physical deterioration must be based on the reproduction or replacement cost of the entire structure after the cost to cure curable components has been deducted.
Indemnity (Indemnité)
An expressed or implied contract to compensate an individual for loss or damage.
Index of Immovables (Index des immeubles)
The index of immovables contains one land file for each registered immovable on the cadastral plan for the registration division.
Inflation (Inflation)
Inflation popularly means rising general prices, most frequently calculated by the Consumer Price Index (CPI) - a measure of the cost of a basket of commodities purchased by a typical family. The rate of inflation refers to the percentage increase in the price level and is usually expressed at an annual rate.
Injunction (Injonction)
An order of the court requiring a person to not do some act or not continue to do some act that the court considers they have no right to do or, in the case of a mandatory injunction, an order that requires the person to do what the court considers they are legally required to do.
Insurance Premium (Prime d’assurance)
Amount paid to an insurance company, usually monthly or annually, in exchange for financial protection in defined circumstances.
Intangible Asset (Actif intangible)
An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common intangible assets in today's marketplace
Interest (Intérêt)
The cost of borrowing money; the price that a lender charges a borrower for the use of the lender's money. Interest is paid on deposits because they are, in effect, loans to the bank or other deposit-taking institutions.
Interest rate (Taux d'intérêt)
Rate charged or paid for the use of money, normally expressed as a percentage.
Interest-Bearing Current Account (Compte courant)
An interest-bearing current account is the simplest way to earn interest on cash. Nevertheless interest paid by financial institutions on such accounts is usually significantly lower than what the money market offers.
Internal Rate of Return - IRR (Taux de rendement interne - TRI)
The discount rate often used in capital budgeting that makes the net present value of all cash flows from a particular project equal to zero. Generally speaking, the higher a project's internal rate of return, the more desirable it is to undertake the project.
International Financial Reporting Standards (IFRS)
Standards, interpretations and the framework adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between 1973 and 2001 by the Board of the International Accounting Standards Committee (IASC). On 1 April 2001, the new IASB took over from the IASC the responsibility for setting International Accounting Standards. During its first meeting the new Board adopted existing IAS and SICs. The IASB has continued to develop standards calling the new standards IFRS. The use of IFRS is required for Canadian publicly accountable profit-oriented enterprises for financial periods beginning on or after 1 January 2011.
Investment (Investissement)
Money put into a form that earns a return or profit. In essence, the money is being used to make money.
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