Glossary
Facility
A loan or a credit line from a partner lender to the corporation. It is drawn against a project rather than taken as a lump sum, so interest starts when the money is needed.
Jurisdiction record
What it is called where you are
Ontario
- Same in both jurisdictions.
Florida
- Same in both jurisdictions.
Product record
Where this shows up in Board Butler
Every term, both jurisdictions
The glossary carries the whole vocabulary a condo or HOA board runs into, with the Ontario and Florida words side by side.