TERMIUM Plus®

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

TACI DEMEMBRE [1 record]

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

Copyright notice for the TERMIUM Plus® data bank

© Public Works and Government Services Canada, 2021
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: