Related Words

Amortization Factor: The pool factor implied by the scheduled amortization assuming no prepayments.

Pool Factor: The outstanding principal balance divided by the original principal balance with the result expressed as a decimal. Pool factors are published monthly by the Bond Buyer newspaper for Ginnie . . . View Full Definition

Planned Amortization Class (PAC): (1) The class of CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO Because of a stable cash flow, it is considered the least risky CMO (2) A CMO bond . . . View Full Definition

Power Factor: The ratio of the total power in watts (resistive load) to the total apparent power in voltamperes (VA) (reactive load). The difference between watts and VA is due to reactive load impedance. . . . View Full Definition

One-Factor APT: A special case of the arbitrage pricing theory that is derived from the one-factor model by using diversification and arbitrage. It shows that the expected return on any risky asset is a lin . . . View Full Definition

Present Value Factor: Factor used to calculate an estimate of the present value of an amount to be received in a future period. If the opportunity cost of funds is 10% over next year, the factor is [1/(1 + 0.10)].

R Factor Or Value: A measure of a materials resistance to the passage of heat. New homewalls are usually insulated with 4' of batt insulation with an R value of R-13, and a ceiling insulation of R-30.

Protective Factors: Strengths and resources that appear to mediate or serve as a 'buffer' against risk factors that contribute to vulnerability to maltreatment or against the negative effects of maltreatment ex . . . View Full Definition

Olfactory Imagery: Imagery dealing with scent. See imagery.

Old-Line Factoring: Factoring arrangement that provides collection, insurance, and finance for accounts receivable.