Meaning PICKUP: The gain in yield that occurs when a block of bonds is swapped for another block of higher-coupon bonds
More terms such as Pickup in Dictionary P.
- Definition Pay-Down:
- Examples refunding, the amount by which the par value of the securities maturing exceeds that of those sold. In the context of general equities, paying a lower price in an accumulation of stock. Antithesis of pickup definition.
- Definition Principal-Only (PO):
- Examples security (MBS) whose holder receives only principal cash flows on the underlying mortgage pool. All the principal distribution due from the underlying collateral pool is paid to the registered holder pickup explain.
- Definition Portfolio Insurance:
- Examples leveraged portfolio in the underlying stock to create a synthetic put option. The strategy's goal is to ensure that the value of the portfolio does not fall below a certain level pickup what is.
- Definition Painting The Tape:
- Examples Illegal practice by traders who manipulate the market by buying and selling a security to create the illusion of high trading activity and to attract other traders who may push up the price pickup meaning.
- Definition Progress Review:
- Examples A periodic review of a capital investment project to evaluate its continued economic viability pickup abbreviation.
