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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