H V A C

Business / Construction / H V A C: An abbreviation for Heat, Ventilation, and Air Conditioning

Pass-Through Securities

Business / Finance / Pass-Through Securities: A pool of fixed income securities backed by a package of assets (i.e., mortgages) where the holder receives the principal and interest payments. Related: Mortgage pass-through security MORE

Pass-Through Security

Business / Real Estate / Pass-Through Security: A security issued by the Government National Mortgage Association (Ginnie Mae) to mortgage investors. Cash flows from the underlying block individual mortgage loans are passed through to the holders o MORE

Pass-Through Rate

Business / Finance / Pass-Through Rate: The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon. MORE

Pass-Through Coupon Rate

Business / Finance / Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees. MORE

Pass-Along

Technology / Email / Pass-Along: An email recipient who got your message via forwarding from a subscriber. (Some emails offer 'forward to a friend' in the creative, but the vast majority of pass-alongs happen using email clients, and MORE

Pass-Along Rate

Business / Internet Marketing / Pass-Along Rate: The percentage of people who pass on a message or file. MORE

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