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Private-Label Mortgage-Backed Security

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

PL MBS

It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

Private-Label MBS

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

PL Mortgage

It stands for private label mortgage; a type of mortgage (mortgage loan) that is used by private entities (not government...

Private Label Mortgage

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

Preferreds

A type of fixed-income securities with equity-like features mainly issued by large financial institutions such as banks, insurance firms, etc....

Preferred Security

A type of fixed-income securities with equity-like features mainly issued by large financial institutions such as banks, insurance firms, etc....

PIES

It stands for premium income equity security; a mandatory convertible that represents a hybrid security consisting of a stock purchase...

Premium Income Equity Securities

A mandatory convertible that represents a hybrid security consisting of a stock purchase contract (equity component) requiring the holder to...

PEPS

It stands for premium equity participating security; a mandatory convertible (a trust convertible preferred security, trust CPS) that represents a...