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Meaning of Lock-out explanation. What is sinking fund becomes effective. With multifamily loans.

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Lock-out definition

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 Loan Crowd:
Examples The group of member firms that lend or borrow securities needed to cover the positions of customers who have sold short securities lock-out definition.
Definition Liquidation:
Examples #039;s business is terminated. Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short lock-out explain.
Definition Lombard Rate:
Examples international equities. Interest rate the German Bundesbank uses as an upper limit to the day-to-day money rate, since no bank will pay higher rates in the money market than it has to pay for very lock-out what is.
Definition Legal Entity:
Examples A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract lock-out meaning.
Definition Listed Firm:
Examples A company whose stock trades on a stock exchange, and conforms to listing requirements lock-out abbreviation.
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