Office Of The Superintendent Of Financial Institutions (OSFI)

Office Of The Superintendent Of Financial Institutions (OSFI),

Definition of Office Of The Superintendent Of Financial Institutions (OSFI):

  • The Financial Supervisory Office (OSFI) is an independent agency of the Government of Canada. The agency is responsible for overseeing and regulating banks, insurance companies and trust and credit companies. They also control private pension schemes that are under federal supervision. The agency's goal is to protect depositors, policyholders, financial institutions (lenders), lenders and pension plan members, so that financial institutions have the opportunity to compete and take risks.

    • OSFI oversees and manages financial institutions and pension schemes in Canada.
    • The agency is an independent arm of the Government of Canada.
    • OSFI's primary responsibility is to ensure that institutions and projects are financially secure.

Literal Meanings of Office Of The Superintendent Of Financial Institutions (OSFI)

Office:

Meanings of Office:
  1. A room, a series of rooms or buildings used as a commercial, professional or bureaucratic workplace.

  2. Positions of authority or service, usually public.

  3. A service or kindness provided by another person or group of people.

  4. A series of daily prayers and psalms (which are sung) are recited daily by Roman Catholic priests, members of the Order, and other members of the clergy. Daily prayer service as part of the service

Sentences of Office
  1. Desk

  2. For centuries, this office has been guarded not only by priests, monks and nuns.

Synonyms of Office

aegis, advocacy, agency, post, patronage, intervention, support, mediation, intercession, workroom, situation, occupation, day job, capacity, studio, role, assistance, place of work, help, intermediation, place of business, place, position, workplace, job, services, appointment

Of:

Meanings of Of:
  1. It shows the relationship between the part and the whole.

  2. Indicates the relationship between scale or size and value.

  3. Refers to the relationship between two organizations, usually the organization of the association.

  4. It shows the relationship between the address and the reference point.

  5. It represents the relationship between a general type or type and a particular object belonging to that category.

  6. After a noun that comes from or is related to a verb.

  7. Identify the component or substance that makes the difference.

  8. Express the hour for the next hour.

Sentences of Of
  1. 5% increase

  2. North of Chicago

  3. Nice to meet you

  4. In New York, only a quarter to three

Synonyms of Of

caused by, carried out by, by, made by, from, of, in, done by

The:

Meanings of The:
  1. Identify one or more individuals or objects that have been mentioned or considered general knowledge.

  2. It is used to indicate the quality or definition of a sentence or phrase that follows.

  3. It is used to give a general reference to something rather than to identify a particular example.

  4. Coffee (especially one thing)

  5. (Pronounced with an emphasis on "O") Used to indicate who is the most famous or important person or person in that name or category.

  6. It is used with comparisons to show how one quantity or degree of one thing differs from another.

Sentences of The
  1. what's the problem?

  2. The noise that makes them

  3. He learns to play the violin alone

  4. I hope to post every month if I can find some money.

  5. She is a passionate young jazz pianist

  6. The more I think about it, the more it destroys

Synonyms of The

the outset, the commencement, the start, the beginning, the very beginning

Superintendent:

Meanings of Superintendent:
  1. The person who directs or oversees an organization or activity.

Sentences of Superintendent
  1. Supervisory secretary

Synonyms of Superintendent

boss, head, conductor, administrator, organizer, director, supervisor, overseer, controller, manager, foreman, governor, chief

Financial:

Meanings of Financial:
  1. Financial or financial status of an organization or person.

  2. In terms of finances.

Sentences of Financial
  1. You need to be careful about your finances, especially cash flow.

  2. Independent financial advisor

Synonyms of Financial

economic, pecuniary, commercial, banking, money, business, accounting, fiscal, investment, budgetary, monetary

Institutions:

Meanings of Institutions:
  1. An organization formed for religious, educational, professional or social purposes.

  2. Established law or practice.

  3. The process of making something.

Sentences of Institutions
  1. An educational institution

  2. Marriage institution

  3. Delay in starting the process

Synonyms of Institutions

rite, tradition, instatement, investiture, use, swearing in, installation, initiation, establishment, usage, centre, inauguration, phenomenon, habit, organization, induction, practice, institute, procedure, convention, fact, custom, ritual, wont, fashion