Meaning STEADY STATE: As an MBS pool ages, or four to six months after component mortgages have passed at least once the threshold for refinancing, the prepayment speed tends to stabilize within a fairly steady range
More terms such as Steady state in Dictionary S.
- Definition Seasoned Datings:
- Examples Extended credit for customers who order goods in periods other than peak seasons steady state definition.
- Definition Settlement:
- Examples When payment is made for a trade steady state explain.
- Definition Statutory Merger:
- Examples A merger in which one corporation remains as a legal entity, instead of a new legal entity being formed steady state what is.
- Definition Super Sinker Bond:
- Examples financing bond, but also any other bond that has long-term coupons but short maturity; the mortgages may be prepaid, and the holders may receive the long-term yield after a short period of time steady state meaning.
- Definition Strike Index:
- Examples option, the index value at which the buyer of the option can buy or sell the underlying stock index. The strike index is converted to a dollar value by multiplying by the option's contract steady state abbreviation.
