amortization factor
1Amortization factor — The pool factor implied by the scheduled amortization assuming no prepayemts. The New York Times Financial Glossary …
2amortization factor — The pool factor implied by the scheduled amortization assuming no prepayments. Bloomberg Financial Dictionary …
3amortization — /am euhr teuh zay sheuhn, euh mawr /, n. 1. an act or instance of amortizing a debt or other obligation. 2. the sums devoted to this purpose. Also, amortizement. [1665 75; < ML a(d)mortization (s. of admortizatio). See AMORTIZE, ATION] * * * In… …
4level factor amortization — Perhaps the best method of accounting for MBS premiums and discounts is the change in factor or level factor amortization method. Under the change in factor method, the amount of monthly premium amortization or discount accretion is calculated to …
5Earnings before interest, taxes, depreciation and amortization — (EBITDA) is a non GAAP metric that can be used to evaluate a company s profitability.::EBITDA = Operating Revenue – Operating Expenses + Other RevenueIts name comes from the fact that Operating Expenses do not include interest, taxes, or… …
6effective interest amortization — A methodology for amortizing premiums or accreting discounts for MBSs that is required by FAS 91. Under this methodology, premiums are amortized and discounts are accreted into income over the average life of the securities. To accomplish this, a …
7change in factor amortization — See level factor amortization. American Banker Glossary …
8Annuity Factor Method — A calculation method to determine the amount of eligible withdrawals that an investor can make from their IRA without incurring penalties. The calculation uses life expectancy data; however, it utilizes different data than is used in the… …
9Weighted Average Rating Factor - WARF — A measure that is used by credit rating companies to determine the credit quality of a portfolio. This measure allows rating companies to look at a portfolio as a single security, and assign it a single rating.WARFs are most often calculated by… …
10Reported factor — The pool factor as reported by the bond buyer for a given amortization period. The New York Times Financial Glossary …
