Meaning PRIVATE MORTGAGE INSURANCE (PMI): Policy protecting the holder against loss resulting from default on a mortgage loan
More terms such as Private Mortgage Insurance (PMI) in Dictionary P.
- Definition P & I:
- Examples Stands for principal and interest on bonds or mortgage-backed securities private mortgage insurance (pmi) definition.
- Definition Preferred Habitat Theory:
- Examples expectations theory that believes the term structure reflects the expectation of the future path of interest rates as well as risk premium. The theory rejects the assertion that the risk premium must private mortgage insurance (pmi) explain.
- Definition Price Compression:
- Examples The limitation of the price appreciation potential for a callable bond in a declining interest rate environment, based on the expectation that the bond will be redeemed at the call price private mortgage insurance (pmi) what is.
- Definition Put Provision:
- Examples Gives the holder of a floating-rate bond the right to redeem the note at par on the coupon payment date private mortgage insurance (pmi) meaning.
- Definition Purchase And Sale:
- Examples A method of securities distribution in which a firm purchases securities from the issuer for its own account at a stated price and then resells them, as contrasted with a best-efforts sale private mortgage insurance (pmi) abbreviation.
