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Pass through coupon rate |
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Pass through coupon rateThe interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.Pass through coupon rate Similar MatchesThroughput agreementThroughput agreementAn agreement to put a specified amount of product per period through a particular facility. An example is an agreement to ship a specified amount of crude oil per period through a particular pipeline. Pass through securitiesPass through securitiesA pool of fixed income securities backed by a package of assets (i.e., mortgages) where the holder receives the principal and interest payments. Related: Mortgage pass-through security Pass-throughPass-throughThe extent to which an exchange rate change is reflected in the prices of imported goods. With full pass-through, a currency depreciation, which increases the price of foreign currency, would increase the prices of imported goods by the same amount, and vice versa. With no pass-through, prices of imports remain constant. See pricing to market. Good through or until date orderGood through or until date orderUsed in the context of general equities. Market or limited price order that remains viable for a stated period of time unless cancelled, executed, or changed, after which such order or the portion thereof not executed is to be treated as cancelled. Flow through methodFlow through methodThe practice of reporting to shareholders using straight-line depreciation but using accelerated depreciation for tax purposes and "flowing through" the lower income taxes actually paid to financial statements prepared for shareholders. Further SuggestionsConventional pass throughsFully modified pass throughs Private label pass throughs Flow through basis Ginnie Mae pass through Bidding through the market Pass through rate Click-through |
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