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APS of a Loan

It stands for absolute prepayment speed; the monthly prepayment (in relation to an ABS (asset backed security) or a loan...

ABS Absolute Prepayment Speed

The monthly prepayment (in relation to an ABS (asset backed security) or a loan or lending arrangement or similar structure/...

APS

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...