Tag: bank
Pass-Through Rate
What is the 'Pass-Through Rate' The pass-through rate is the rate on a securitized asset pool -- such as a mortgage-backed security...
Paper Millionaire
What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...
Paper Money
DefinitionPaper Money is the second album by the American hard rock band Montrose. It was produced by Ted Templeman and is the band's final...
Qualified Professional Asset Manager (QPAM)
What is 'Qualified Professional Asset Manager - QPAM' A registered investment advisor/manager. The criteria for qualifying as a QPAM are defined by...
Quantitative Easing 2 (QE2)
What is 'Quantitative Easing 2 – QE2' The second round of the Federal Reserve's monetary policy used to stimulate the U.S. economy...
Quasi-Public Corporation
What is a 'Quasi-Public Corporation' A type of corporation in the private sector that is backed by a branch of government that...
Qualified Institutional Buyer (QIB)
What is a 'Qualified Institutional Buyer - QIB' A qualified institutional buyer (QIB) is a corporation that is deemed to be an...
Vandalism Endorsement
What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance...
Variable Rate Mortgage
DefinitionA variable-rate mortgage, adjustable-rate mortgage, or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an...
Quantitative Easing
DefinitionQuantitative easing, also known as large-scale asset purchases, is an expansionary monetary policy whereby a central bank buys predetermined amounts of government bonds or...