Financial and business terms. 2012.
Break-even payment rate — The prepayment rate of a MBS coupon that will produce the same CFY as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the prepayment rate that will produce the same CFY as that of the… … Financial and business terms
break-even payment rate — The prepayment rate of an MBS coupon that will produce the same cash flow yield (CFY) as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the prepayment rate that will produce the same… … Financial and business terms
Plug-in hybrid — The Chevrolet Volt is the first mass production plug in hybrid available in the United States. A plug in hybrid electric vehicle (PHEV), plug in hybrid vehicle (PHV), or plug in hybrid is a hybrid vehicle which utilizes rechargeable batteries, or … Wikipedia
Mesopotamia, history of — ▪ historical region, Asia Introduction history of the region in southwestern Asia where the world s earliest civilization developed. The name comes from a Greek word meaning “between rivers,” referring to the land between the Tigris and… … Universalium
Fixed income attribution — refers to the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time. For example, the risks affecting the return of a bond portfolio … Wikipedia
Fixed-income attribution — refers to the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time. For example, the risks affecting the return of a bond portfolio … Wikipedia
Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… … Wikipedia
Financial Crisis of 2008 — ▪ 2009 Introduction by Joel Havemann In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky high home prices in the United States finally turned… … Universalium
Quasi-Monte Carlo methods in finance — High dimensional integrals in hundreds or thousands of variables occur commonly in finance. These integrals have to be computed numerically to within a threshold epsilon. If the integral is of dimension d then in the worst case, where one has a… … Wikipedia
Disfranchisement after Reconstruction era — The Fifteenth Amendment to the United States Constitution was ratified in 1870 to protect the suffrage of freedmen after the American Civil War. It prevented any state from denying the right to vote to any male citizen on account of his race.… … Wikipedia
