Structured Finance Instrument
Definition
Structured Finance Instrument. A security that has periodic principal payments with the amount of principal that is paid being dictated by a published factor.
This may be either an invented product (synthetic) or based on a real underlying asset pool. Either way, the underlying is defined by the issuing bank or investment company. These are traded. This is based on tranches of underlying asset pools. These are defined by the issuing bank or investment company.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/AssetBackedSecurities/PoolBackedSecurities/index-en.html + |
