pass-through Definition

pass-through

Definition

A security representing pooled debt obligations, that passes income from debtors to its shareholders. The most common type is the mortgage-backed certificate.

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pass-through is ...
... part of the Bonds subject.

Related Terms

Ginnie Mae pass-through - More

gnomes -

mortgage pass-through security - More

pass-through coupon rate, positive convexity, adjusted exercise price, certificate for automobile receivables, agency pass-through, conventional pass-through, production rate

pass-through appears in these other terms

modified pass-through, private sector pass-through

pass-through appears in the definitions of these other terms on BusinessDictionary.com

Ginnie Mae I, Ginnie Mae II, Government National Mortgage Association (GNMA), real estate mortgage investment conduit (REMIC), mortgage backed bond