Pass-through

A security representing pooled Debt obligations, that passes income from debtors to ITS shareholders. The most common Type is the mortgage-backed Certificate.

Related Terms: 15 Certificate, Debt, Debtor, ECU, FICA, Inc., ITS, Mortgage-backed certificate, Mortgage, Obligation, Pool, SEC, Shareholder, Share, Type

Other Related Pages: Category: Bonds Starting With: P

Additional Related Terms: 10-K, Agency security, Asset-backed security, At par, Affirmative obligations, All or any part, At best, At call, American Depositary Share, At risk