Advertising

Lock out

• With PAC bond CMO classes, the period before the PAC sinking fund becomes effective. With multifamily loans, the period of time during which prepayment is prohibited.

 
 Embedded terms in definition
 Bond
Cmo
Multifamily loans
Pac
Prepayment
Sinking fund
Time
 
 Related Terms
 

<< Local government investment pool lgip Lock up cds >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Beware of small expenses; a small leak will sink a great ship. - Benjamin Franklin (1706-1790)

Advertising



Copyright 2009-2019 GVC. All rights reserved.