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PTS

It stands for pass-through security; a pass-through security (PT security), also a pay-through security, is a security issued out of...

Pay Through Security

A pay-through security (PT security), also a pass-through security, is a security issued out of a pool of fixed-income securities...

Pass Through Security

A pass-through security (PT security), also a pay-through security, is a security issued out of a pool of fixed-income securities...

PT Pool

It stands for pass-through pool; a pool of collateral (underlying assets) which is created and held by a trustee holding...

Pass Through Pool

A pool of collateral (underlying assets) which is created and held by a trustee holding legal title to the assets,...

Pro-GroS

It stands for protected growth security; a callable equity-linked note which provides its holder with principal protection and upside participation,...

Protected Growth Securities

A callable equity-linked note which provides its holder with principal protection and upside participation, while depriving him/ her of any...

Premium Put Option

A put option which is embedded in a premium put convertible, giving the bondholder the right to demand redemption of...

Ponzi Scheme

An investment fraud that involves the payment of purported returns to original “investors” (the scheme organizers) or early entrants from...

Principal Only Tranche

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