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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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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