Discounted Principal Balance
From Open Risk Manual
Definition
Discounted Principal Balance in a securitisation context denotes value of the portfolio once each individual Transferred Receivable has been been discounted with the stipulated Discount Rate
Details
None
Variations
None
Issues and Challenges
None
See Also
None
Disclaimer
- This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
- Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced
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