TERMIUM Plus®

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PAY-THROUGH SECURITY [1 record]

Record 1 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 1

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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