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Non-profit organizations

Abbreviated as NGO, and also known as not-for-profit organisation; an organisation that does not distribute its surplus capital to shareholders or owners, but instead uses them to pursue its original goals.They are usually exempt from income and property tax and most often include charitable organisations, trade unions and public arts organisations.

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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 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 ...

whipsawed

Financial services; General Finance

Buying stocks just before prices fall and selling stocks just before prices rise in a volatile market, often as the result of misleading signals.

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