(amortization)
61Operating income before depreciation and amortization — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
62Early Amortization — A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment of bond principal in an asset backed security, usually triggered when there is a sudden increase in delinquencies in the… …
63Earnings Before Interest, Taxes, Depreciation and Amortization - EBITDA — An indicator of a company s financial performance which is calculated in the following EBITDA calculation: EBITDA is essentially net income with interest, taxes, depreciation, and amortization added back to it, and can be used to analyze and… …
64Fixed Amortization Method — One of three methods by which early retirees of any age can access their retirement funds without penalty before turning 50.5. The fixed amortization method amortizes the retiree s account balance over his/her remaining life expectancy as… …
65Form 4562: Depreciation and Amortization — A tax form distributed by the Internal Revenue Service (IRS) and used to claim deductions for the depreciation or amortization of a piece of property, or Section 179 expense. Individuals and businesses can claim deductions for both tangible… …
66Operating Income Before Depreciation And Amortization - OIBDA — A non GAAP measure of financial performance used by companies to show profitability in continuing business activities, excluding the effects of capitalization and tax structure. Sometimes OIBDA is also considered to not include items such as… …
67early amortization event — A type of credit enhancement used in asset backed securities. One or more triggers, defined in the asset backed security s documentation require the termination of revolving periods, controlled amortization periods and/or accumulation periods.… …
68planned amortization class tranche — planned amortization class ( PAC) tranche A REMIC security created to receive selected cash flows from a pool of underlying mortgages securing the REMIC. PAC tranches use a structure similar to a sinking fund to establish a fixed principal… …
69targeted amortization class (TAC) tranche — Bonds created in scheduled pay CMO structures. A TAC tranche is structured to avoid prepayment volatility. Each TAC has a designated target speed. When prepayments exceed the targeted speed, the excess cash flow is diverted to other tranches in… …
70targeted amortization class tranche — targeted amortization class (TAC) tranche Bonds created in scheduled pay CMO structures. A TAC tranche is structured to avoid prepayment volatility. Each TAC has a designated target speed. When prepayments exceed the targeted speed, the excess… …
