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Gnome
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GnomeIs a 15 year maturity, fixed rate pass-through security issued by the Federal Home Loan Mortgage Corporation.
RELATED TERMS--------------------------------------
Maturity
1) The length of time until the principal amount of a bond must be repaid. 2) The end of the life of a security.
Security
Piece of paper that proves ownership of stocks, bonds, and other investments.
Loan
Something lent (usually money) that will have to be given or paid back (usually with interest).
Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Globalization
Tendency toward a worldwide investment environment, and the integration of national capital markets.
GmbH
A German form of a limited liability corporation. Stands for Gesellschaft mit beschränkter Haftung
GNMA Midget
A GNMA pass-through certificate backed by fixed-rate mortgages with a 15-year maturity.
GNMA-I
Mortgage-backed securities (M.B.S.) on which registered holders receive separate principal and interest payments on each of their certificates.
GNMA-II
Mortgage-backed securities (M.B.S.) on which registered holders receive an aggregate principal and interest payment from a central paying agent on all their certificates.
Gnome
GNP (gross national product)
The money value of all the final goods and services produced in a country in a year, plus income from foreign investments (which is excluded in GDP or gross domestic product).
GNP gap
The difference between real and potential GNP, if the economy is working at less than full employment (or the "natural rate of employment").
Go around
Describes the N.Y. Federal Reserve Bank's trading desk practice of communicating with primary dealers to establish a market of bids and offers on behalf of the Federal Open Market Committee.
Go long
The purchase of a security, commodity or financial instrument (e.g. shares) in the belief that the price will increase.
Go to
Used in the context of general equities for selling insurance.
RELATED TERMS--------------------------------------
Maturity
1) The length of time until the principal amount of a bond must be repaid. 2) The end of the life of a security.
Security
Piece of paper that proves ownership of stocks, bonds, and other investments.
Loan
Something lent (usually money) that will have to be given or paid back (usually with interest).
Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Globalization
Tendency toward a worldwide investment environment, and the integration of national capital markets.
GmbH
A German form of a limited liability corporation. Stands for Gesellschaft mit beschränkter Haftung
GNMA Midget
A GNMA pass-through certificate backed by fixed-rate mortgages with a 15-year maturity.
GNMA-I
Mortgage-backed securities (M.B.S.) on which registered holders receive separate principal and interest payments on each of their certificates.
GNMA-II
Mortgage-backed securities (M.B.S.) on which registered holders receive an aggregate principal and interest payment from a central paying agent on all their certificates.
Gnome
GNP (gross national product)
The money value of all the final goods and services produced in a country in a year, plus income from foreign investments (which is excluded in GDP or gross domestic product).
GNP gap
The difference between real and potential GNP, if the economy is working at less than full employment (or the "natural rate of employment").
Go around
Describes the N.Y. Federal Reserve Bank's trading desk practice of communicating with primary dealers to establish a market of bids and offers on behalf of the Federal Open Market Committee.
Go long
The purchase of a security, commodity or financial instrument (e.g. shares) in the belief that the price will increase.
Go to
Used in the context of general equities for selling insurance.
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This dictionary contains 24549 terms.
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