An acronym for non-cash charge; an expense/ charge that does not involve a cash transaction- that is, it constitutes no...

It stands for collateralized mortgage obligation swap. An interest rate swap (specifically an index amortizing swap) in which the amortization of…

A situation (amortization that has a negative sign and effect) that arises when a mortgagor (a borrower) has an increasing...

It stands for targeted amortization class; a type of bond class that has a schedule for repayment of principal which...

A type of bond class that has a schedule for repayment of principal which is protected against contraction risk for...

An interest rate cap in which the successive caplets cover decreasing notional principal amounts. In other words, the notional principal...

An expense/ charge that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting...

An expense that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting period....

An option whose underlying asset is an interest rate (hence called: an interest rate option) or an interest rate swap...

An interest rate collar (collar - collar option) which covers notional principal amounts (NPAs) decreasing on a scheduled basis. Amortization...