Active Tranche


Active Tranche
A tranche of a collateralized mortgage obligation (CMO) that is currently receiving principal payments that are passed through to its investors. While interest is paid on all tranches of a CMO when it is first issued, principal payments on each tranche are made according to a set schedule that is defined in the CMO prospectus. A tranche becomes the active tranche during the period when it is receiving (and paying out to investors) principal payments as per the schedule, in addition to interest.

After an active tranche in a CMO receives the last principal payment, it is retired. The next tranche then becomes the active one. The process continues until all tranches in the CMO are retired.


Investment dictionary. . 2012.

Look at other dictionaries:

  • ACTIVE TRANCHE — См. АКТИВНЫЙ ТРАНШ Словарь бизнес терминов. Академик.ру. 2001 …   Словарь бизнес-терминов

  • active tranche — A REMIC tranche that is currently paying principal payments to its owners. American Banker Glossary …   Financial and business terms

  • Active Tranche — (Активный транш) транш структурированной ценной бумаги, обеспеченной активами, по которому в настоящее время производятся амортизационные выплаты инвесторам …   Ипотека. Словарь терминов

  • Active Electronically Scanned Array — Dieser Artikel oder Abschnitt besteht hauptsächlich aus Listen, an deren Stelle besser Fließtext stehen sollte. Das Active Electronically Scanned Array (AESA), auch bekannt als Aktives Phased Array Radar bildet ein Radar System mit aktiver… …   Deutsch Wikipedia

  • АКТИВНЫЙ ТРАНШ — Транш структурированной ценной бумаги, обеспеченной активами, по которому в настоящее время производятся амортизационные выплаты инвесторам (англ. Active Tranche) Словарь бизнес терминов. Академик.ру. 2001 …   Словарь бизнес-терминов

  • Eurofighter Typhoon — infobox Aircraft name = Typhoon type = Multirole fighter manufacturer = Eurofighter GmbH caption = A Eurofighter Typhoon F2 of the RAF designer = first flight = 27 March 1994 introduced = 2003 retired = number built = 146 (as of May 2008) [ [http …   Wikipedia

  • Europe 1 — Création 1er janvier 1955 Slogan « Europe 1, bien entendu. » Langue Français Pays …   Wikipédia en Français

  • Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • EF-2000 — Eurofighter EF 2000 Typhoon Zweisitziger Eurofighter der …   Deutsch Wikipedia

  • Euro Fighter — Eurofighter EF 2000 Typhoon Zweisitziger Eurofighter der …   Deutsch Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.