Pass Through Security - Law Dictionary Search Results
pass-through security
Matched in: Term pass-through security
security
Matched in: Term security
collateralized mortgage obligation
of its class and not directly from the underlying obligations called also CMO see also remic compare pass-through security at security, tranche … collateralized mortgage obligation : a bond collateralized by a pool of mortgage obligations or pass-through securities and paid according to the maturity and amortization schedule of its class and not directly from the
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REMIC
investment in properties acquired from foreclosure on the underlying mortgages called also real estate mortgage investment conduit compare pass-through security at security real estate investment trust at trust
VerbarInro
girdle It is usually secured by a silk cord by which the wearer may grasp it which cord passes through an ornamental button or knob called a netsuke … by the Japanese to hold medicines perfumes and the like and carried in the girdle It is usually secured by a silk cord by which the wearer may grasp it which cord passes through an ornamental button
trust
a duty to act affirmatively (as in exercising control, discretion, and judgment) with regard to the property compare passive trust in this entry alimony trust : a trust created often in accordance with a separation agreement in … the beneficiaries executory trust : a trust in which the settlor or trustee has duties to perform (as securing the property, ascertaining the objects of the trust, or making distributions) express trust : a trust intentionally created
Crossed cheques
paid by the Bank on whom it is drawn to or through a Bank. This serves as some security in case the cheque is lost, since it can only be paid through a banker, and moreover postpones … c. 50), ss. 76-80; and (English) Bills of Exchange (Crossed Cheques) Act, 1906 (6 Edw. 7, c. 17) passed in consequence of Capital and Counties Bank v. Gordon, 1903 AC 240), bs. 1 of which a banker
Annuity
annuity is frequently resorted to as a means of borrowing money, where the borrower has not any available security, the borrower undertaking to pay an annuity during his own life, instead of interest and the return of … personal annuity to A. and the heirs of his body was ineffectual to create and estate tail, and passed an absolute interest conditional only upon an heir of the body being born. But now under s. 130
Midwife
as a qualification for registration as a medical practitioner, and for the recovery of professional charges, the having passed a qualifying examination in 'medicine, surgery, and midwifery.' The (English) Midwives Act, 1902, as amended by the (English) … Roll'; provides for the local supervision of midwives by county or county borough councils, and otherwise aims at securing the better training of midwives and the regulation of their practice. For the Acts and the Rules of
Tithe Rent-Charge
officer of the Court might distrain for it. The landowner also, in case of a contract before the passing of the Act (March 26th, 1891), binding the occupier to pay tithe, might recover by distress on the … has freed land charged therewith absolutely from the 2nd October, 1936 (s. 1). The Act creates redemption stock secured by the consolidated fund to be issued for compensation to persons interested in tithe rent-charge to yield interest
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