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 Mae, Fannie Mae, and Freddie Mac (Federal Home Loan Mortgage Corporation) MBSs.

 

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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

Reported Factor: The pool factor as reported by the bond buyer for a given amortization period.

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

Pooling: The practice of underwriting a number of small groups as if they constituted one large group.

Pool: In capital budgeting, the concept that investment projects are financed out of a pool of bonds, preferred stock, and common stock, and a weighted-average cost of capital must be used to calc . . . View Full Definition

Pooling Of Interests: An accounting method for reporting acquisitions accomplished through the use of equity. The combined assets of the merged entity are consolidated using book value, as opposed to the purchase . . . 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

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

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)].

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