SEQUENTIAL PAY CMO
Sequential Pay CMO is a kind of collateralized mortgage obligation. In Sequential Pay CMO, there are various trenches which each receives interest payments so long as the principal of the trench has not been paid off completely. The senior tranche has priority over all other tranche’s to be paid off. the next on the list is the next most senior tranche and so and so forth.
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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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An Introduction to Insurance
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| Time | Country | Indices | Period |
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| 02:30 | PMI Manufacturing | Nov | |
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| 03:45 | Markit Final Manufacturing PMI | Nov | |
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