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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/...

Payment Lag

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

Settlement Lag

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

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...

Acceptance in Payment

Acceptance has different meanings in different contexts and fields. In general, it refers to a promise to pay which is...