Financial Dictionary

This dictionary contains:
24549
financial terms

Threshold for refinancing




Threshold for refinancing

The point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay the mortgage in order to refinance to a lower-rate mortgage.

RELATED TERMS
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Point
The smallest unit of price change quoted, or one one-hundredth of a percent.

Coupon
The contractual interest obligation a bond or debenture issuer covenants to pay to its debt holders.

Level
Used in the context of general equities. Price measure of an indication.

Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.

Order
Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified.



SIMILAR TERMS
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THREE RIVERS Credit Union
THREE RIVERS is a credit union with head office in FORT WAYNE, IN

Three steps and a stumble rule
A rule predicting that stock and bond prices will fall following three increases in the discount rate by the Federal Reserve.

Three-phase DDM
A version of the dividend discount model that applies a different expected dividend rate depending on a company's life-cycle phase: growth phase, transition phase, or maturity phase.



PREVIOUS AND NEXT TERMS
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Third-party distributor
The name given to institutions that sell or distribute mutual funds to investors for fund management companies without direct relation to the fund itself.

Thirty-day visible supply
The total volume in dollars of municipal bonds with maturities of 13 months or more that should reach the market within 30 days.

Thirty-day wash rule
IRS rule stating that losses on a sale of stock may not be used as tax shelter if equivalent stock is purchased 30 days or less before or after the sale of the stock.

Three steps and a stumble rule
A rule predicting that stock and bond prices will fall following three increases in the discount rate by the Federal Reserve.

Three-phase DDM
A version of the dividend discount model that applies a different expected dividend rate depending on a company's life-cycle phase: growth phase, transition phase, or maturity phase.

Threshold for refinancing

Thrift institution
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.

Thrift Institution Advisory Council (TIAC)
A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts.

Thrift plan
A defined contribution plan in which an employee contributes, usually on a before-tax basis, toward the ultimate benefits that will be provided.

Throughput agreement
An agreement to put a specified amount of product per period through a particular facility.

Tick
Refers to the minimum change in price a security can have, either up or down.

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This dictionary contains 24549 terms.







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