Meaning LOCK-OUT: With PAC bond CMO classes, the period before the PAC sinking fund becomes effective. With multifamily loans, the period of time during which prepayment is prohibited
More terms such as Lock-out in Dictionary L.
- Definition Liability Swap:
- Examples An interest rate swap used to alter the cash flow characteristics of an institution's liabilities so as to provide a better match with its assets lock-out definition.
- Definition Leveraged Company:
- Examples A company that has debt in its capital structure lock-out explain.
- Definition Life Cycle:
- Examples The lifetime of a product or business, from its creation to its demise or transformation lock-out what is.
- Definition Leveraged Buyout (LBO):
- Examples to take a public corporation private that is financed through debt such as bank loans and bonds. Because of the large amount of debt relative to equity in the new corporation, the bonds are typically lock-out meaning.
- Definition Limited Partner:
- Examples A partner who has limited legal liability for the obligations of the partnership lock-out abbreviation.
