Coupon Payments

Business / Finance / Coupon Payments: Canvassing by the desk of primary dealers to determine the inventory and maturities of their Treasury securities. The desk then decides whether to buy or sell certain issues (coupons) in order to add or withdraw reserves.

Level-Coupon Bond

Business / Finance / Level-Coupon Bond: Bond with a stream of coupon payments that remain the same throughout the life of the bond. MORE

Payments In Lieu Of Taxes (PILT)

Business / Agriculture / Payments In Lieu Of Taxes (PILT): A program administered by the Bureau of Land Management of the Department of the Interior to compensate counties for the tax-exempt status of federal lands: the fixed payments per entitlement acre (on MORE

Payments Netting

Business / Finance / Payments Netting: Reducing fund transfers between affiliates to only a netted amount. Netting can occur on a bilateral basis (between pairs of affiliates), or on a multi-lateral basis (taking all affiliates together). MORE

Payments Pattern

Business / Finance / Payments Pattern: Describes the collection pattern of receivables. The pattern might describe the probability that a 72-day-old account will still be unpaid when it is 73 days-old. MORE

Pre-Payments

Business / Accounting / Pre-Payments: One or more accounts set up to account for money paid in advance (eg. insurance, where part of the premium applies to the current financial year, and the remainder to the following year). 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

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