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Real Estate Mortgage Investment Conduit (REMIC) |
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Real Estate Mortgage Investment Conduit (REMIC)A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.Real Estate Mortgage Investment Conduit (REMIC) Similar MatchesReinvestment riskReinvestment riskThe risk that proceeds received in the future may have to be reinvested at a lower potential interest rate. Tradepoint Investment ExchangeTradepoint Investment ExchangeA London-based stock exchange which opened on 21st September 1995 and which currently deals in 900 of the most actively traded UK equities.Tradepoint is an electronic order driven market accessible via a standard IBM PC where brokers, market makers and investing institutions participate on an anonymous basis and enter buy or sell orders. For the most liquid stocks, trades are completed the moment a corresponding buy or sell order is entered by another participant. Less liquid stocks are traded by way of computer matching following the accumulation of orders after periods of time.Trades are guaranteed by the London Clearing House (LCH) and settlement is via Crest. Tradepoint is a Recognised Investment Exchange (RIE) and is regulated by the Financial Services Authority (FSA). Investment valueInvestment valueApplies mainly to dealer securities. Fixed income value of a convertible, the price at which the convert would have to sell as a straight debt instrument relative to the yield of other bonds of like maturity, or size, and quality; represents a presumed floor to the bond, assuming the continued creditworthiness of the issuer and the general level of interest rates. Bond value. See: conversion value. Net investment income per shareNet investment income per shareIncome received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares. Real estate investment trustReal estate investment trustIn the US, a publicly traded investment trust which invests the capital of its shareholders in real estates.Some REITs, called 'Equity Reits', take equity positions in real estate, receiving income from rents and capital growth from selling buildings.Others specialise in lending money to property developers, their income coming from interest payments on those loans.Hybrid REITS do a mixture of equity investing and property lending.REITs enjoy special tax advantages provided 75% or more of their income comes from property and 95% or more of their net earnings is distributed to shareholders annually. Further SuggestionsInvestment managerAlternative Investment Market Reinvestment Ethical Investment Research Service Diversified investment company Target investment mix Direct investment investment business Systematic investment plan Guaranteed investment contract (GIC) Underinvestment problem Investment product line (IPL) split capital investment trust Multilateral Investment Guarantee Agency (MIGA) Value Line investment survey Return on investment (ROI) Temporary investment Investment management Portfolio investment Investment company Investment Risk return on investment Investment club Community Reinvestment Act (CRA) investment trust |
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