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CMO Equity

The cash flow amount(s) that remains unpaid on each payment date after all payments on the collateralized mortgage obligation tranches...

CMO Residual

The cash flow amount(s) that remains unpaid on each payment date after all payments on the collateralized mortgage obligation tranches...

Accrual Tranche

The last tranche in a collateralized mortgage obligation (CMO). Periodic interest accrues on an accrual tranche but no cash payments...

Accrual Tranche

A tranche that has some similarities to a zero-coupon bond. An accrual tranche (zero tranche) consists of Z bonds. By...

Accrual Bond

A tranche of a collateralized mortgage obligation (CMO) that accrues by adding the interest amount to the face value of...

Z-Tranche

A tranche that has some similarities to a zero-coupon bond. A Z tranche (zero tranche) consists of Z bonds. By...

Z-Tranche

The last tranche in a collateralized mortgage obligation (CMO). Periodic interest accrues on a Z-tranche but no cash payments will...

Z-Bond

An tranche of a collateralized mortgage obligation (CMO) that accrues by adding the interest amount to the face value of...