WAM
Weighted Average Maturity (WAM) refers to the average maturity of all mortgages in a mortgage-backed security (MBS). It is also called "average effective maturity."
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McDonough Ratio
A ratio developed by the Basel Committee on Banking Supervision during Basel II conference. This ratio stemmed out from the Cookie ratio that was p ...
Excess Returns
Portion of return from a security or portfolio not explained by the overall market’s return rate. It measures the value added by the investme ...
M0
Measuring money supply that sums up all the physical currency (notes and coins) that is circulating in the economy and the bank reserves held with ...
Manufactured Housing - MH
A prefabricated housing unit, which is assembled in factories, prior to being moved to sites of use. The cost of construction per square foot is ty ...
MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
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SEE FOREX TUTORIAL
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
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