Meaning OVERSHOOTING: The tendency of a pool of MBS to reflect an especially high rate of prepayments the first time it crosses the threshold for refinancing, especially if two or more years have passed since the date of issue without the weighted average coupon of the pool crossing the refinancing threshold
More terms such as Overshooting in Dictionary O.
- Definition Open-End Mortgage:
- Examples Mortgage against which additional debts may be issued. Related: Closed-end mortgage overshooting definition.
- Definition Option Cycle:
- Examples The cycle of option expiration months. The most common cycles are: January, April, July, and October (JAJO); February, May, August, and November (FMAN); and March, June, September, and December (MJSD overshooting explain.
- Definition Offering Date:
- Examples Date on which a new set of stocks or bonds will first be sold to the public overshooting what is.
- Definition Omnibus Account:
- Examples by one futures commission merchant with another futures commission merchant in which the transactions of two or more persons are combined and carried in the name of the originating broker, rather overshooting meaning.
- Definition Out-Of-The-Money Option:
- Examples out of the money if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market price, which is overshooting abbreviation.
