Business and Personal Finance Dictionary

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• INTEREST-ONLY (IO) TRANCHE - A CMO (q.v.) Tranche (q.v.) that receives a portion of only the CMO's unde...
  
  
• INTEREST-ONLY LOAN - An advance of money in which the installments pay only the interest that accumulat...
  
  
• INTEREST-ONLY MORTGAGE - Monthly payments to the lender are made up simply of interest. You don't pay o...
  
  
• INTEREST-ONLY PAYMENTS - Interest-only payments pay only the interest you owe. They are not large enoug...
  
  
• INTEREST-ONLY STRIP - A derivative security consisting of all or part of the interest portion of the un...
  
  
• INTEREST-ONLY STRIP (I/O) - A form of stripped mortgage-backed security (MBS) that only passes interest...
  
  
• INTEREST-ONLY STRIP (IO) - A security based solely on the interest payments from a pool of mortgages, T...
  
  
• INTEREST-RATE (OR YIELD) RISK - The variability in the market price of a security caused by changes in ...
  
  
• INTEREST-RATE RISK - Interest-rate risk describes the impact that a change in current interest rates is...
  
  
• INTEREST-SENSITIVE INSURANCE POLICY - A cash value life insurance policy whose insurance dividend rates...