- residual interest
- ownership rights for business properties after repaying debts to creditors
English contemporary dictionary. 2014.
English contemporary dictionary. 2014.
Residual Interest — A type of interest payment received by investors in a real estate mortgage investment conduit (REMIC). Investors receive interest payments after all required regular interest has been paid to investors within higher priority tranches. Residual… … Investment dictionary
Residual Interest Bonds - RIBS — A type of inverse floating rate bond created by dividing the income from a municipal bond into two portions. The municipal bondholder will create two new securities: a primary direct floating rate bond and a residual inverse floating rate bond.… … Investment dictionary
residual income — residual return The net income that a subsidiary undertaking or division of an organization generates after being charged a percentage return for the book value of the net assets or resources deemed to be under its control. The residual income… … Accounting dictionary
Residual value — is one of the constituents of a leasing calculus or operation. It describes the future value of a good in terms of percentage of depreciation of its initial value.Example: A car is sold at a list price of $20,000 today. After a usage of 36 months … Wikipedia
Residual dipolar coupling — The residual dipolar coupling between two spins in a molecule occurs if the molecules in solution exhibit a partial alignment leading to an incomplete averaging of spatially anisotropic dipolar couplings.Partial molecular alignment leads to an… … Wikipedia
Residual Value — How much a fixed asset is worth at the end of its lease, or at the end of its useful life. If you lease a car for three years, its residual value is how much it is worth after three years. The residual value is determined by the bank that issues… … Investment dictionary
Net interest margin securities — (or NIMS) is a type of financial instrument related to a securitization.For example, New Century Financial Corporation the subprime mortgage lender that went into Chapter 11 bankruptcy in April 2007 sells the cash flows it receives from its… … Wikipedia
stated residual value — The stated residual value is usually the same as the end of lease purchase price. The higher the stated residual value of the car, the lower your monthly payments. Stated residual values are often higher or lower than the expected residual value… … Dictionary of automotive terms
Real Estate Mortgage Investment Conduit — Real Estate Mortgage Investment Conduits, or REMICs, are a type of special purpose vehicle used for the pooling of mortgage loans and issuance of mortgage backed securities. They are defined under the United States Internal Revenue Code (Tax… … Wikipedia
FIN 46 — FIN 46, revised and replaced in its entirety by FIN 46R, is a statement for the purposes of United States Generally Accepted Accounting Principles published by the US Financial Accounting Standards Board (FASB) which requires a reporting… … Wikipedia