|
|
Break even payment rate |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Break even payment rateThe prepayment rate of an MBS coupon that will produce the same cash flow yield (CFY) as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the prepayment rate that will produce the same cash flow yield (CFY) as that of the benchmark coupon; and for coupons lower than the benchmark coupon the lowest prepayment rate that will do so.Break even payment rate Similar MatchesPayment datePayment dateThe date on which shareholders of record will be sent a check for the declared dividend. Monthly repaymentMonthly repaymentThis is the amount you pay to your lender each month towards the cost of your loan. PIK (Payment in kind) securitiesPIK (Payment in kind) securitiesHighly speculative bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock. Maintenance paymentsMaintenance paymentsMoney paid by a divorced person to his/her partner to assist with living expenses. From the taxation point of view, maintenance may be enforceable following a court order, or voluntary. Where maintenance is enforceable the recipient will, under certain circumstances, be liable for tax, depending on when the order was made and the amount paid. The person making the payments can claim limited tax relief. For voluntary payments, the recipient is not liable for tax and the person making the payments cannot claim tax relief. Transfer paymentsTransfer paymentsPayments from a government to its citizens, such as welfare and other government benefits. Further SuggestionsRepayment planPayment Cap Repayment vehicle Payment of balance Periodic payment plan repayment mortgage Prepayments Stop payment Repayment mortgage Late payment Additional principal payment Skip payment privilege Balance of payments argument for protection Single payment bond Clearing House Automated Payments System (CHAPS) Optional payment bond Annualised payment scheme Balance of payments Prepayment penalty Payment float Break even lease payment Balloon payment prepayment fee Payments netting Balance of payments equilibrium |
|
|
|