A group of assets that are beneficially owned by an entity's clients, while the entity provides administration services such as...
A debt security, usually a bond, that issued by a government-sponsored agency (government-sponsored enterprise, GSE) or federal budget agency (in...
A debt security, usually a bond, that issued by a government-sponsored agency (government-sponsored enterprise, GSE) or federal budget agency (in...
A debt security, usually a bond, that issued by a government-sponsored agency (government-sponsored enterprise, GSE) or federal budget agency (in...
It stands for accretion-directed bond; a collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an...
A collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an accrual bond or a Z-bond....
A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...
A taxation principle which maintains that the amount of taxes should vary with the levels of wealth or income. That...
Broadly speaking, it is the borrower’s ability to fulfill current and future debt obligations by making timely principal and interest...
The sale of collateralized assets. It is a process that involves a borrower's realization of the partial or full value...