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

It stands for principal only tranche; a tranche, part of an IO/ OP structure, that receives only the principal repayment...

A tranche whose payment schedule is geared towards a specified prepayment speed (or the so-called a pricing speed). A targeted...

It stands for targeted amortization class tranche. It has a payment schedule geared towards a specified prepayment speed (or the...

A tranche (constituting a type of asset-backed security, ABS) that gives the investors more certain cash flows thanks to its...

It stands for planned amortization class tranche; a tranche (constituting a type of asset-backed security, ABS) that gives the investors...

It stands for super senior tranche; a senior CDO tranche that ranks at the very top of a CDO (collateralized...

A synthetic CDO tranche in which the CDO investor doesn't pay the notional amount of the tranche at inception, that...

A senior CDO tranche that ranks at the very top of a CDO (collateralized debt obligation) issue. Given its utmost,...

A collateralized mortage obligation (CMO) that is issued by a government agency or a government-sponsored enterprise. Speicifically, the agency or…