See Also: Tight money or dear money(finance)
Principal only (PO)(finance)
Principal-only (PO)(money)
principal boy(dictionary)
Principal(finance)
Principal(money)
Principal(medicine)
principal(dictionary)
Principal(law)
principal plane(medicine)

Principal-only (PO) (money)


Definition: [crh] A mortgage-backed security (MBS) whose holder receives only principal Definition: flows">cash flows on the underlying mortgage pool. All the principal distriDefinition: bution due from the underlying collateral pool is paid to the registered holder of the stripped MBS on Definition: the basis of the current face value of the underlying collateral pool.