pass-throughs

Pass-Through Security

A derivative security representing the receivables on some debt. That is, a shareholder of a pass-through security is entitled to a portion of the income from the debt. Generally, a pass-through security has a large number of debts underlying it; for example, a pass-through may represent a portion of several hundred car loans. The most common type of pass-through is a mortgage-backed security.

pass-throughs

Landlord operating expenses that can be billed to tenants, either as part of their obligation to pay a pro rata share of operating expenses,their obligation to pay a pro rata share of common area maintenance,or a particular tenant's obligation to pay for goods and services benefiting only that tenant.

单词	pass-throughs
释义	DictionarySeepass-through pass-throughs Pass-Through Security A derivative security representing the receivables on some debt. That is, a shareholder of a pass-through security is entitled to a portion of the income from the debt. Generally, a pass-through security has a large number of debts underlying it; for example, a pass-through may represent a portion of several hundred car loans. The most common type of pass-through is a mortgage-backed security. pass-throughs Landlord operating expenses that can be billed to tenants, either as part of their obligation to pay a pro rata share of operating expenses,their obligation to pay a pro rata share of common area maintenance,or a particular tenant's obligation to pay for goods and services benefiting only that tenant.
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