Active Tranche

Business, Legal & Accounting Glossary

Definition: Active Tranche


Active Tranche


Full Definition of Active Tranche


Slice of a pool of mortgage backed securities that is currently receiving principal payments. This type of instrument is commonly structured as a collateralized mortgage obligation. Each section has its own maturity date and interest rate. In succession, each tranche in turn will become the active tranche and begin receiving the principal payments.


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https://payrollheaven.com/define/active-tranche/
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Active Tranche. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 08, 2021 https://payrollheaven.com/define/active-tranche/.
Chicago Manual of Style (CMS):
Active Tranche. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/active-tranche/ (accessed: December 08, 2021).
American Psychological Association (APA):
Active Tranche. PayrollHeaven.com. Retrieved December 08, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/active-tranche/

Definition Sources


Definitions for Active Tranche are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.