A measure of prepayment speed in asset backed securities (ABS) and other specific structures/ instruments (CMBS). This measure relates to...
It stands for conditional prepayment rate or constant prepayment rate; the annualized percentage of an existing mortgage pool that is...
The annualized percentage of an existing mortgage pool that is expected to be prepaid in a year. It is an...
The annualized percentage of an existing mortgage pool that is expected to be prepaid in a year. It is an...
It stands for collateralized debt obligation trust preferred security; a collateralized debt obligation (CDO) that is issued on a pool...
A type of debt (financing) that can be converted equity shares of the issuer at or after a certain time...
A bond, which is a form of quasi-equity instrument (QE instrument), that has no fixed maturity and can continue perpetually...
For an asset, cash equivalent value (CEV) is a measure of revenue that a firm receives from customers. More specifically,...
A special type of netting which takes place in connection with certain contractually agreed events that trigger specific actions. For...
A loan facility (e.g. a credit line or a repo facility) whereby the provider is contractually required to advance funds...