Pass-Through Rate: The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon.

 

Related Words

Pass-Through Rate: The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon.

Pherecratean: A classical greek and latin metrical pattern consisting of an iamb or a trochee, a dactyl, and a trochee or a spondee.

Personal Inflation Rate: The inflation rate as it affects a specific individual.

Periodic Rate: The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.

Periodic Interest Rate: The periodic interest rate, sometimes called the nominal rate, is the interest rate a lender charges on the amount you borrow. Lenders are also required to tell you what a loan will actually . . . View Full Definition

Phosphoglycerate (PGA): A three-carbon molecule formed when carbon dioxide is added to ribulose biphosphate (RuBP) during the dark reaction of photosynthesis (Calvin, or Calvin-Benson Cycle). PGA is converted to PG . . . View Full Definition

Photosynthetic Rate: The rate of conversion of dissolved carbon dioxide and bicarbonate ion to photosynthetic product

Polyunsaturated Fat: A fat in which there are two or more links in the chain of carbon atoms that can be opened to accept hydrogen atoms.

Portfolio Internal Rate Of Return: The rate of return computed by first determining the cash flows for all the bonds in the portfolio and then finding the interest rate that will make the present value of the cash flows equal . . . View Full Definition

Plowback Rate: Related: Retention rate