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Toggle Tranche

A tranche (specifically, a Z-tranche) that may receive principal repayments before other tranches with specific precedence order, and even if...

Super Principal Only Tranche

A tranche that constitutes a special class of principal only (PO) tranches embedded in a securitized product (e.g., CMOs) with...

Super PO Tranche

It stands for super principal only tranche; a tranche that constitutes a special class of principal only (PO) tranches embedded in...

ZC Tranche

It stands for zero-coupon tranche; an alternative term for principal only tranche; a tranche, part of an IO/ OP structure,...

Zero Coupon Tranche

An alternative term for principal only tranche; a tranche, part of an IO/ OP structure, that receives only the principal...

Principal Only Tranche

A tranche, part of an IO/ OP structure, that receives only the principal repayment on the underlying securitized debt/ collateral....

PO Tranche

It stands for principal only tranche; a tranche, part of an IO/ OP structure, that receives only the principal repayment...

Targeted Amortization Class Tranche

A tranche whose payment schedule is geared towards a specified prepayment speed (or the so-called a pricing speed). A targeted...

TAC Tranche

It stands for targeted amortization class tranche. It has a payment schedule geared towards a specified prepayment speed (or the...

Crowdinvesting

A crowdfunding which involves investing in an early-stage unlisted company in return for equity, i.e., shares in that company. Investors-cum-shareholders…