Advertising

Cusp

• Is a term which indicates the at-the-money level or current coupon issuance rate for securities. It tends to be used more frequently in the mortgage backed securities business. Also, it is used in options to indicate highly sensitive derivative statistics.

 
 Embedded terms in definition
 Coupon
Current coupon
Derivative
Mortgage backed securities
Mortgage
Options
Securities

<< Cusip Custodial fees >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Give the people not hell, but hope and courage. - John Murray

Advertising



Copyright 2009-2018 GVC. All rights reserved.