Structured arbitrage transaction

Definition:

A self-funding, self-hedged series of transactions that usually use mortgage-backed securities (MBS), commercial mortgage backed securities, and collateralized debt obligations as the primary assets.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Vesting

Nonforfeitable ownership (or partial ownership) by an employee of the retirement account balances or benefits contributed on the employees behalf by an employer. The Tax Reform Act of 1986... Read More

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