pass-through — The original type of MBS structure. In a pass through, investors own a pro rata claim to the cash flows from the pool of underlying mortgages. Each investor s pro rata share of interest and principal is remitted to the investor, passed through,… … Financial and business terms
cap and collar arrangement — England, Wales Similar to a pass through arrangement, this is an arrangement between a contracting local authority and a service provider that is an admitted body to the LGPS. As the LGPS is a defined benefit scheme, the employer s contribution… … Law dictionary
Great Saint Bernard Pass — ancient Mons Jovis Pass in the Alps. One of the highest of the Alpine frontier passes, at 8,100 ft (2,469 m), it lies on the Italian Swiss border east of the Mont Blanc group and connects Valais, Switz., with Aosta, Italy. Historically the most… … Universalium
To break through — Break Break (br[=a]k), v. t. [imp. {broke} (br[=o]k), (Obs. {Brake}); p. p. {Broken} (br[=o] k n), (Obs. {Broke}); p. pr. & vb. n. {Breaking}.] [OE. breken, AS. brecan; akin to OS. brekan, D. breken, OHG. brehhan, G. brechen, Icel. braka to creak … The Collaborative International Dictionary of English
Hercules emulator — The Hercules emulator is a computer program which allows software designed for IBM mainframe computers (System/370, System/390 and zSeries) to be run on other types of computer hardware: notably on low cost personal computers. Although there are… … Wikipedia
Reserve Maintenance Period — The time frame in which banks and other depository institutions must maintain a specified level of funds. It is a two week period that begins on a Thursday and ends on a Wednesday. An assessment of overdrafts and corresponding charges also occurs … Investment dictionary
steel — steellike, adj. /steel/, n. 1. any of various modified forms of iron, artificially produced, having a carbon content less than that of pig iron and more than that of wrought iron, and having qualities of hardness, elasticity, and strength varying … Universalium
eye, human — ▪ anatomy Introduction specialized sense organ capable of receiving visual images, which are then carried to the brain. Anatomy of the visual apparatus Structures auxiliary to the eye The orbit The eye is protected from mechanical injury… … Universalium
Glossary of rail terminology — Rail transport Operations Track Maintenance High speed Gauge Stations … Wikipedia
printing — /prin ting/, n. 1. the art, process, or business of producing books, newspapers, etc., by impression from movable types, plates, etc. 2. the act of a person or thing that prints. 3. words, symbols, etc., in printed form. 4. printed material. 5.… … Universalium
