Business / Finance / Lag Response Of Prepayments: A delay of typically about three months between the time the weighted-average coupon of an MBS pool crosses the threshold for refinancing and observation of an acceleration in prepayment speed is observed.
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Lag Adjective Synonyms: diminish, decrease, slacken, abate, slow (down or up), flag, wane, ebb, falter, fail, let up, fall (off or away), ease (up), lighten
Lag Noun Synonyms: fall behind, linger, loiter, delay, straggle, trail, hang back, dally, dawdle, inch or poke along
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Response Noun Synonyms: answer, reply, retort, rejoinder, reaction, effect, feedback, return, comeback
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Business / Finance / Personal Tax View (Of Capital Structure): The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity MORE
Business / Agriculture / Personal Responsibility and Work Opportunity Reconciliation Act Of 1996: P.L. 104-193 (September 22, 1996) was labeled as a major 'welfare reform' initiative. In addition to provisions making major changes to federal cash welfare, medicaid, work, and child care development MORE
Business / Agriculture / Perishable Agricultural Commodities Act (PACA) Of 1930: P.L. 71-325 (June 10, 1930), as amended, regulates the buying and selling of fresh and frozen fruits and vegetables to prevent unfair trading practices and to assure that sellers will be paid promptly MORE
Entertainment / Literature / Periods Of English Literature: The common historical eras scholars use to divide literature into comprehensible sections through periodization. Dividing literature into these sometimes arbitrary periods allows us to better compare MORE
Business / Finance / Philadelphia Board Of Trade (PBOT): A subsidiary of the Philadelphia Stock Exchange that trades currency futures. MORE
Entertainment / Photography / Photoflood: Artificial light source using a tungsten filament lamp and a dish reflector. MORE