IO
Interest portion of mortgage that is stripped and sold individually from the principal portion of the similar payments. Treasury or other bonds, the periodic payments of various bonds can be separated to create artificial zero-coupon bonds. Also, an IO strip may be part of an asset-backed security (ABS), collateralized debt obligation (CDO) structure or collateralized mortgage obligation (CMO).
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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