• Refers to a group of securities that are similar with respect to maturity, type, rating, and/or coupon.

• Refers to a group of securities that are similar with respect to maturity, type, rating, industry, and/or coupon.

 Embedded terms in definition
 Referenced Terms
 Ambac: Is the holding company that provides financial guarantee insurance for both public and private Sector clients. This insurance can improve credit ratings.

 Attribute bias: The tendency of stocks preferred by the dividend discount model to share certain equity attributes such as low price-earnings ratios, high dividend yield, high book-value ratio or membership in a particular industry Sector.

 Generic: Refers to the characteristics and/or experience of the total universe of a coupon of MBS Sector type; that is, in contrast to a specific pool or collateral group, as in a specific CMO issue.

 Industry fund: See Sector Fund.

 Intramarket sector spread: The spread between two issues of the same maturity within a market Sector. For instance, the difference in interest rates offered for five-year industrial corporate bonds and five-year utility corporate bonds.

 Related Terms
 Industry sector
Intermarket sector spread
Intramarket sector spread
Sector fund
Tax exempt sector

<< Section 482 Sector fund >>

Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

Life consists not in holding good cards but in playing those you hold well. - Josh Billings


Copyright 2009-2018 GVC. All rights reserved.