Advertising

Slma

• The student loan marketing association, also known as "SallieMae," provides liquidity to private lenders who make various types of loans for education. SLMA currently issues floating rate notes. Federally related institutions are arms of the federal government. Most do not issue securities directly into the market. Those, which do issue directly, include the following

• Is the Student Loan Marketing Association or Sallie Mae.

 
 Embedded terms in definition
 Arms
Federally related institutions
Floating rate note
Floating rate
Issue
Liquidity
Market
Securities
 
 Referenced Terms
 Structured notes: Notes issued by Government Sponsored Enterprises (FHLB, FNMA, Slma, etc.) and Corporations that have imbedded options (e.g., call features, step-up coupons, floating rate coupons, derivative-based returns) into their debt structure. Their market performance is impacted by the fluctuation of interest rates, the volatility of the imbedded options and shifts in the shape of the yield curve.

<< Slippage Slugs >>

Multi-Tasking In Your 30s, 40s or 50s: Managing for today and saving for tomorrow, including a child's college expenses and your retirement More...

The art of being wise is the art of knowing what to overlook. - William James

Advertising



Copyright 2009-2018 GVC. All rights reserved.