TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SMBS [2 records]

Record 1 2017-02-15

English

Subject field(s)
  • Investment
  • Banking
DEF

A security that represents either the principal or interest only portion of the cash flows of an underlying pool of mortgages.

OBS

In some cases, the security is made up of a certain percentage of both interest and principal. The ideal situation for investors is for the security to either be an interest-only strip or a principal-only strip. In these scenarios, the securities are very sensitive to the change in interest rate, so an investor will choose to purchase one or the other based on the direction he/she believes the interest rates are headed.

OBS

stripped mortgage-backed security; stripped MBS: terms extracted from the “Glossaire de l’économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.

French

Domaine(s)
  • Investissements et placements
  • Banque
OBS

TACH : titre adossé à des créances hypothécaires.

OBS

TACI : titre adossé à des créances immobilières.

OBS

TACH démembré; TACI démembré : termes extraits du «Glossaire de l’économie» et reproduits avec l’autorisation de l’Organisation de coopération et de développement économiques.

Spanish

Save record 1

Record 2 1993-08-10

English

Subject field(s)
  • Spacecraft
  • Space Centres
DEF

Is a right-hand Cartesian system and is designed by the standard subscrip MB. All mechanical and geometrical parameters will ultimately be referenced to this axis system including unit position and mass properties.

French

Domaine(s)
  • Engins spatiaux
  • Centres spatiaux
DEF

Coordonnées cartésiennes utilisées pour repérer la position et déterminer la répartition de la masse des éléments d'un engin spatial.

OBS

Terme uniformisé par le Comité d'uniformisation de la terminologie spatiale - CUTS

Spanish

Save record 2

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