• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Year 11 CS1 Website Plan
Year 11 CS1 Website Plan

What does it mean? Common terms for home ownership factsheet
What does it mean? Common terms for home ownership factsheet

... Principal - The original loan, or that part of it still owing to a lender. Principal and interest loan - A loan in which both the principal and interest are repaid during the term of the loan. Priority Agreement - An agreement between lenders that have a mortgage over the same property. The borrowe ...
slides - Andrei Simonov
slides - Andrei Simonov

... What is so bad about it? One player has a control over the secondary market of T-notes, it also affects significantly REPO market. Andrei Simonov - debt and money markets ...
Chapter 10
Chapter 10

... stated notional principal amount the swap seller makes a periodic floating-rate interest payments on the same stated notional principal amount no principal is exchanged ...
Fact Sheet:SSgA EMU Government Bond Index Fund, May2017
Fact Sheet:SSgA EMU Government Bond Index Fund, May2017

... of those securities to pay the amounts of interest and principal owed as they become due. If there is a negative perception of the issuer's ability to meet its payment obligations, the value of the debt security may decrease. Index Tracking Risk: The Fund's performance may not exactly track the Inde ...
RTF - Vornado Realty Trust
RTF - Vornado Realty Trust

... In March 1995, the Company lent Alexander's $45 million, the subordinated tranche of a $75 million secured financing, the balance of which was funded by a bank. The Company's loan has a three-year term and bears interest at 16.43% per annum for the first two years and at a fixed rate for the third y ...
Document
Document

... • We’ve reached free cash flow, but we need to figure out what the cash flows are worth today. We need to discount them back to the future. • But what discount rate do we use? How do we find an discount rate that reflects the diversity of risk within our specific company? ...
Euro area government securities markets: recent developments and
Euro area government securities markets: recent developments and

... dynamics of yield spreads between different national issuers will no longer reflect foreign exchange factors. The portfolio composition and trading strategies of investors have been affected through different channels. First, currency-driven strategies are no longer feasible. Second, the scope for r ...
Collateral and Credit Issues in Derivatives Pricing
Collateral and Credit Issues in Derivatives Pricing

Declaration of Appropriateness for Listing by a J
Declaration of Appropriateness for Listing by a J

... (1) An initial listing applicant does not damage the reputation of the market of the Exchange and is a company that is suitable for listing on such market. (2) An initial listing applicant conducts business fairly and in good faith. (3) The corporate governance and internal management structure of a ...
Curriculum Introduction and Lesson Correlation Section
Curriculum Introduction and Lesson Correlation Section

... Benchmark 1, Grade 12: Acting as consumers, producers, workers, savers, investors, and citizens, people respond to incentives in order to allocate their scarce resources in ways that provide the highest possible returns to them.. ...
CAPITAL CITY BANK GROUP INC (Form: 10-Q
CAPITAL CITY BANK GROUP INC (Form: 10-Q

... Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to su ...
WF/BlackRock US Aggregate Bond Index CIT
WF/BlackRock US Aggregate Bond Index CIT

... The WF/BlackRock U.S. Aggregate Bond Index CIT (the "Fund") invests in an underlying collective investment fund (the "Master Fund") that is managed by BlackRock Institutional Trust Company, N.A., which in turn invests in the securities mentioned in this fact sheet, or invests in another collective f ...
National Public Gas Agency
National Public Gas Agency

... net assets. The statements of revenues, expenses, and changes in net assets present NPGA’s operating results and changes in net assets. The statements of cash flows provide information about the flow of cash within NPGA by activity. The notes to the financial statements provide additional disclosure ...
Chapter 5: The Structure of Interest Rates
Chapter 5: The Structure of Interest Rates

... between one two-year and two one-year bonds • A variable must be added to account for interest rate risk • A term premium is the difference between longer-term and shorter-term interest rates to account for the risk of inflation ...
Slide 1
Slide 1

... instrument to fulfil goals of government economic policy. • Its principal function is assistance to entrepreneurs, to obtain credit necessary for investments or to restructure the enterprise. • The Lithuanian Rural Credit Guarantee Fund was chosen as an instrument for business development in rural a ...
Note Maturity Date - MGMT-026
Note Maturity Date - MGMT-026

... Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. ...
Data Collected by the NAIC
Data Collected by the NAIC

... The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from an ...
COUNTRY - Serasa Experian
COUNTRY - Serasa Experian

... Bel Group opens its second cheese factory in Egypt Mouhcine, managing director of Bel Egypt, and Menu (center), vice president of Bel International CAIRO: Committed to putting a smile on the faces of cheese lovers across the country, Bel Egypt — manufacturer of single-serve cheese portions — opened ...
information circular: northern lights fund trust iv
information circular: northern lights fund trust iv

File
File

Market Notice
Market Notice

... For the attention of: Priority: Re: ...
Remarks on Raising Capital via Initial Public Offerings
Remarks on Raising Capital via Initial Public Offerings

IIROC `Tips for Traders` CSTA Whistler Friday, August 19 2016
IIROC `Tips for Traders` CSTA Whistler Friday, August 19 2016

... A client that has previously executed a short sale without being able to borrow shares, where the trade remained unsettled for 10 days following the original settlement date (T+13) cannot make any further short sales in any listed security without first arranging a pre-borrow. ...
Belarus in recession, banking sector in difficulties
Belarus in recession, banking sector in difficulties

< 1 ... 139 140 141 142 143 144 145 146 147 ... 257 >

Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report