- pass–through security
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pass–through security see security
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
pass–through security
Look at other dictionaries:
pass-through security — UK US noun [C] FINANCE ► PASS THROUGH(Cf. ↑pass through) … Financial and business terms
Pass-Through Security — A pool of fixed income securities backed by a package of assets. A servicing intermediary collects the monthly payments from issuers, and, after deducting a fee, remits or passes them through to the holders of the pass through security. Also… … Investment dictionary
Mortgage Pass Through Security — Ein Mortage Pass Through (MPT) Security ist ein Typ spezieller Anleihen. Es handelt sich dabei um einen Pool für mehrere Darlehen, die alle mit der Möglichkeit eines Prepayment ausgestattet sind. Prepayment bezeichnet ein individuelles… … Deutsch Wikipedia
pass-through — The original type of MBS structure. In a pass through, investors own a pro rata claim to the cash flows from the pool of underlying mortgages. Each investor s pro rata share of interest and principal is remitted to the investor, passed through,… … Financial and business terms
Pass-through securities — A pool of fixed income securities backed by a package of assets ( i.e. mortgages) where the holder receives the principal and interest payments. Related: mortgage pass through security … Financial and business terms
pass-through securities — A pool of fixed income securities backed by a package of assets ( i.e., mortgages) where the holder receives the principal and interest payments. Related: mortgage pass through security … Financial and business terms
Mortgage pass-through security — Also called a passthrough, a security created when one or more mortgage holders form a collection ( pool) of mortgages sells shares or participation certificates in the pool. The cash flow from the collateral pool is passed through to the… … Financial and business terms
mortgage pass-through security — Also called a passthrough , a security created when one or more mortgage holders form a collection ( pool) of mortgages and sells shares or participation certificates in the pool. The cash flow from the collateral pool is passed through to the… … Financial and business terms
pass-through — /pas throoh , pahs /, n. 1. a windowlike opening, as one for passing food or dishes between a kitchen and a dining area. 2. a place through which one passes or is obliged to pass: Motorists used the park as a pass through. The new gate will be a… … Universalium
Pass-Through Rate — The rate on a securitized asset pool such as a mortgage backed security (MBS) that is passed through to investors once management fees and guarantee fees have been paid to the securitizing corporation. The pass through rate (also known as the… … Investment dictionary
