MBS
An asset-backed security backed by a mortgage or pool of mortgages. These securities must also be gathered in one of the top two ratings as identified by an accredited credit rating agency, and normally pay periodic payments that are the same with coupon payments. Mortgage must come from an authorized and regulated financial institution.
Also called mortgage-related security or mortgage pass through.
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Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Health Plan Categories
Four types of health insurance plans that are differentiated based on the average percentage of health-care expenses that will be paid by the plan. ...
Intangible Drilling Costs - IDC
Expenses incurred in developing an oil or gas well for the factors that are not included in the final operating well. This encompasses all costs cr ...
Company Owned Life Insurance - COLI
Life insurance policy a company owned on the life of an employee with vital role on its operations. The firm pays the premium on the insurance but ...
Productivity
An economic measure of output per unit of input. Labor and capital are inputs, while output is usually measured in revenues and other GDP component ...
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