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I/O strip
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I/O strip
A security with
Cash
flows based entirely on the monthly
Interest
payments received from a
Mortgage pool
. also called
Interest-only strip
.
Related Terms: 13
Base
,
Cash
,
Call
,
ECU
,
Interest
,
Interest-only strip
,
Low
,
Lows
,
Mortgage pool
,
Mortgage
,
Pool
,
SEC
,
Strip
Other Related Pages:
Category: Real_Estate
Starting With: I
Additional Related Terms:
52-week low
,
Accrued interest
,
Agency security
,
Asset-backed security
,
All or any part
,
At call
,
All-risks coverage
,
Add-on service
,
As is
,
Attorney in fact