Interest-Only Strip

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Definition: Interest-Only Strip

Interest-Only Strip
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Full Definition of Interest-Only Strip

A security with cash flows based entirely on the monthly interest payments received from a mortgage pool.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/interest-only-strip/
Modern Language Association (MLA):
Interest-Only Strip. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/interest-only-strip/.
Chicago Manual of Style (CMS):
Interest-Only Strip. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/interest-only-strip/ (accessed: April 23, 2024).
American Psychological Association (APA):
Interest-Only Strip. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/interest-only-strip/

Definition Sources

Definitions for Interest-Only Strip 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.