Loan Dictionary - P group - Pa, Pa (professional Association), Pab, Pac, Pac Bond, Pac Pos, Pac Tranche, Pac Z Tranche Or Pac Z Bond, Pac-man Strategy, Pacer (public Access To Court Electronic Records)

Business and Personal Finance Dictionary

PA - The two-character ISO 3166 country Code for PANAMA.
PA (PROFESSIONAL ASSOCIATION) - A type of corporation that provides most of the benefits of incorporati...
PAB - The ISO 4217 currency code for the Panama Balboa.
PAC - See Planned Amortization Class security.
PAC BOND - Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a ...
PAC POS - Are Principal Only issues which are predicated on a predetermined PAC prepayment schedule, ra...
PAC TRANCHE - Planned amortization class tranche. A REMIC security created to receive selected cash flo...
PAC Z TRANCHE OR PAC Z BOND - A CMO Z bond with some call and extension protection provided by collars....
PAC-MAN STRATEGY - The target company attempts to takeover the hostile raider. This happens when the ta...
PACER (PUBLIC ACCESS TO COURT ELECTRONIC RECORDS) - a service provided by the court system that gives c...