zero prepayment assumption
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Zero Prepayment Assumption — The supposition that scheduled principal and interest will be paid off with no installments. This is typically done as a means of providing a benchmark to gauge other, more complex assumptions. By determining what a product or service will cost… … Investment dictionary
Zero prepayment assumption — The assumption of payment of scheduled principal and interest with no payments. The New York Times Financial Glossary … Financial and business terms
Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia