Meaning STRIPPED MORTGAGE-BACKED SECURITIES (SMBS): Securities that redistribute the cash flows from the underlying generic MBS collateral into the principal and interest components of the MBS to enhance their attaractiveness to different groups of investors
More terms such as Stripped mortgage-backed securities (SMBS) in Dictionary S.
- 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 stripped mortgage-backed securities (smbs) definition.
- Definition Softs:
- Examples Tropical commodities such as coffee, sugar, and cocoa stripped mortgage-backed securities (smbs) explain.
- Definition Spousal IRA:
- Examples An individual retirement account in the name of an unemployed spouse stripped mortgage-backed securities (smbs) what is.
- Definition Selling Concession:
- Examples The discount underwriters offer the selling group on securities in a new issue stripped mortgage-backed securities (smbs) meaning.
- Definition Structured Debt:
- Examples Debt that has been customized for the buyer, often by incorporating unusual options stripped mortgage-backed securities (smbs) abbreviation.
