TERMIUM Plus®

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PAY-THROUGH [3 records]

Record 1 2017-02-06

English

Subject field(s)
  • Investment
OBS

pay-through certificate: term 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
OBS

Technique de titrisation.

OBS

titre adossé à transfert indirect des flux; titre adossé à flux transformés : 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 2006-10-26

English

Subject field(s)
  • Investment
  • Stock Exchange
DEF

A pool of fixed income securities backed by a package of assets (i.e., mortgages) where the holder receives the principal and interest payments.

French

Domaine(s)
  • Investissements et placements
  • Bourse
DEF

Dans une opération de titrisation de créances, titre adossé à des créances (TAC) dont les flux en capital et en intérêts sont transmis aux porteurs de titres après réaménagement, qui peut prendre une multitude de formes, la transmission ne se faisant pas nécessairement au fur et à mesure de l'encaissement des flux par l'émetteur.

Spanish

Save record 2

Record 3 1989-02-02

English

Subject field(s)
  • Stock Exchange
DEF

Debt securities collateralized by mortgage loans on the bond issuer's books. The income generated by the mortgages is used to pay principal and interest on the bonds. The best example is the collateralized mortgage obligation issued by the Federal Home Loan Mortgage Corporation.

French

Domaine(s)
  • Bourse

Spanish

Save record 3

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