See Also: Planned amortization class (PAC)(finance)
Planned amortization class (PAC)(money)
Targeted Amortization Class (TAC) bonds(finance)
Targeted Amortization Class (TAC) bonds(money)
planned(dictionary)
planned obsolescence(dictionary)
Planned Parenthood(dictionary)
Planned financing program(money)
Planned financing program(finance)
Class A-Class B shares(money)
Planned amortization class (PAC) (finance)
1) The class of CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO. 2) A CMO bond class that stipulates cash flow contributions to a sinking fund.
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