TERMIUM Plus®

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

TACHC [1 record]

Record 1 2009-06-17

English

Subject field(s)
  • Investment
  • Banking
DEF

A pass-through MBS (mortgage-backed security) backed by mortgages on commercial property.

CONT

A commercial mortgage-backed security is a form of bond security that is often issued in security markets based in the United States.

French

Domaine(s)
  • Investissements et placements
  • Banque
CONT

Les TACHC s'apparentent au papier commercial adossé à des actifs (PCAA), lui aussi en crise depuis l'été dernier. C'est un produit financier structuré qui regroupe diverses hypothèques commerciales et qui est vendu comme placement à des investisseurs institutionnels.

Spanish

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