ACTIVE TRANCHE
A collateralized mortgage obligations (CMO) tranche that is at present receiving principal payments given via its investors. While the payment of interest for all tranches of a CMO is given at the time when it is first issued, the principal payments for each tranche are done according to a given schedule specified in the CMO prospectus. The tranche turns into active tranche on the period when the principal payments are received(and paying out to investors) as per the schedule, as an additive to the interest.
POPULAR TERMS
BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
SOS
SOS is the abbreviation for the currency in the Republic of Somaliland that is the Somaliland shilling.
Delinquent
Term when someone can’t accomplish the payment that is required by law or in duty or in simple words, failure to make payments on time. A del ...
Overnight Position
A trading position that is not closed at the end of the trading day and is held overnight. In trading securities, overnight positions expose invest ...
Expunge
Action destroying any AUTEX indication record. Removing an indication will permanently delete a trail of an investor’s advertisement for a bl ...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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10:00 | Ifo Business Climate Index | May | |
10:00 | Ifo Current Assessment | May | |
10:00 | Ifo Business Climate Index | May | |
10:00 | IFO - Expectations | May | |
10:00 | Ifo Current Assessment | May | |
10:00 | IFO - Expectations | May | |
14:59 | NBB Business Climate | May | |
14:59 | NBB Business Climate | May | |
01:01 | BRC Shop Price Index | May |