Early amortization signals liquidity crisis for the originator, as funding dries up. The early payout protects investors from prolonged exposure to receivables with deteriorated credit performance. However, the investor is relying on the fixed income from the
Investment dictionary. Academic. 2012.
early amortization event — A type of credit enhancement used in asset backed securities. One or more triggers, defined in the asset backed security s documentation require the termination of revolving periods, controlled amortization periods and/or accumulation periods.… … Financial and business terms
Early Amortization Risk — (риск досрочного погашения) применительно к секьюритизации, структурированной таким образом, чтобы защитить инвесторов от привязки времени выплаты ими основного долга ко времени выплат по являющимся обеспечением активам, риск наступления события … Ипотека. Словарь терминов
amortization — I noun clearance, defrayal, defrayment, disbursement, discharge, extinction of a debt, extinguishment of claim, liquidation of a debt, payment, remittance, satisfaction associated concepts: amortization contract, amortization of a mortgage,… … Law dictionary
amortization — (1) The process of making regular, periodic decreases in the book or carrying value of an asset. For example, when a bond is purchased at a price above 100, the difference between the purchase price and the par value, the premium, is amortized.… … Financial and business terms
amortization — A cost *allocation method used to record the reduction in value of an asset over time. The classic case of amortization is the matching of the cost of an item of *property, plant, and equipment to its *useful life. Assets generally lose value as… … Auditor's dictionary
Amortization (tax law) — In tax law, amortization refers to the cost recovery system for intangible property. Although the theory behind cost recovery deductions of amortization is to deduct from, basis in a systematic manner over their estimated useful economic lives so … Wikipedia
amortization — /am euhr teuh zay sheuhn, euh mawr /, n. 1. an act or instance of amortizing a debt or other obligation. 2. the sums devoted to this purpose. Also, amortizement. [1665 75; < ML a(d)mortization (s. of admortizatio). See AMORTIZE, ATION] * * * In… … Universalium
Amortization Schedule — A complete schedule of periodic blended loan payments, showing the amount of principal and the amount of interest that comprise each payment so that the loan will be paid off at the end of its term. Early in the schedule, the majority of each… … Investment dictionary
Commissioner v. Early — Early v. Commissioner, 445 F.2d 166 (5th Cir.1971) was a United States income tax case, holding that an agreement between taxpayers and heirs of decedent pursuant to which taxpayers received a joint life interest in income from the trust estate… … Wikipedia
Negative amortization — In finance, negative amortization, also known as NegAm, deferred interest or graduated payment mortgage, occurs whenever the loan payment for any period is less than the interest charged over that period so that the outstanding balance of the… … Wikipedia
