Filter by Categories
Accounting
Banking

Non-Cumulative Preferred Stock

A type of preferred stock that does not entitle its holders to receive any dividends that have not been earlier...

Noncumulative Preferred Stock

A type of preferred stock that does not entitle its holders to receive any dividends that have not been earlier...

No Par Value Stock

A stock that is issued without any designated minimum value (i.e., it bears no par or face value at the...

No Par Stock

A stock that is issued without any designated minimum value (i.e., it bears no par or face value at the...

Non-Agency MBS

A type of mortgage-backed security (MBS) that is issued by private entities (not government agencies) to back and issue a...

Non-Agency Mortgage

A type of mortgage (mortgage loan) that is used by private entities (not government agencies) to back and issue non-agency...

Net Weighted Average Coupon

The cost-adjusted weighted- average coupon (WAC) of a pool of mortgages that backs a security. Net WAC reflects the investor's...

Net WAC

It stands for net weighted average coupon; the cost-adjusted weighted- average coupon (WAC) of a pool of mortgages that backs...

NCC

It stands for net credit cap; an upper or maximum limit (cap) that is placed on the credit exposure (credit...

Net Credit Cap

An upper or maximum limit (cap) that is placed on the credit exposure (credit risk) which a participant (e.g., a...