Holiday

Holiday

Any day fixed by law, custom or religion on which day-to-day business is suspended for the celebration or commemmoration of some event or public figure.

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weighted average maturity

Financial services; General Finance

The weighted average maturity of an MBS is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date issue, using as the ...

weighted average

Financial services; General Finance

The weighted average of the yield of all the bonds in a portfolio.

weighted

Financial services; General Finance

The average remaining term of the mortgages underlying a MBS.

well-diversified portfolio

Financial services; General Finance

A portfolio that includes a variety of securities so that the weight of any security is small. The risk of a well-diversified portfolio closely approximates the systematic risk of ...

when distributed

Financial services; General Finance

When issued.

When issued (W.I.)

Financial services; General Finance

Refers to a transaction made conditionally, because a security, although authorized, has not yet been issued. Treasury securities, new issues of stocks and bonds, stocks that have ...