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Pass-through coupon rate
| Глоссарий экономических терминов |
The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.
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Underlying, английский
- A исходный, лежащий в основе; глубинный form, structure, word underspecification n грамматическая неправиль- ность; несоответствие грамматическим пра- вилам (ант. licensing)
- What supports the security or instrument that parties agree to exchange in a derivative contract.
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Equilibrium rate of interest, английский
- The interest rate that clears the market. also called the trade-clearing interest rate.
- The interest rate at which the amount of money borrowers seek is equal to that which lenders are willing to offer.
Convertible adjustable preferred stock (caps), английский
The interest rate on caps is adjustable and is pegged to treasury security rates. they can be exchanged at par value for common stock or cash after the next period`s dividend rates are revealed.
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