PAC

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PAC (1)


PAC (2)

PAC Bond

A collateralized mortgage obligation that seeks to protect investors from prepayment risk. PACs do this by setting a schedule of payments; if prepayments of the underlying mortgages exceed a certain rate, the life of the PAC is shortened. If they fall below a certain rate, the life of the tranche is extended. This helps protect investors in case the holders of the underlying mortgages do not pay off their mortgages as expected.

PAC

References in periodicals archive ?
With the Fujitsu solution for Discrete Manufacturing, companies benefit from managing their businesses in "real real-time," facilitating sales growth, operational efficiency and financial agility.
Cunha goes on to reveal how advanced discrete manufacturing can help, including:
Our motivation to deploy Oracle's Manufacturing Execution System for Discrete Manufacturing is two-fold: to improve shop efficiencies through improved visibility and to enhance the user's experience through increased functionality," said Hanover Compressor CIO and Vice President Stephen York.
In a recent post, Cunha offers up areas for improvement within advanced discrete manufacturing, including:
National Instruments, a pioneer and leader in measurement and automation technology, is using Oracle Discrete Manufacturing to increase production flexibility and capacity levels, while improving overall quality.
With advanced discrete manufacturing, we see a change in thinking that's focused on productive and resourceful manufacturing.
He will have responsibility for all software development and marketing programs for Consilium's products targeted at discrete manufacturing companies.
I say go out and find sources of information…to inspire your advanced discrete manufacturing process," writes Luciano Cunha, Global Industry Director, To-Increase.
As advanced discrete manufacturing moves into the future, there's an ever-growing need to speed up production, while reducing costs and manual procedures.
This is a significant challenge for all discrete manufacturing companies; clearly PTC has listened to its customers on this issue.
With Microsoft Dynamics as a tool for advanced discrete manufacturing, look to see more efficiency and speed in and out of the manufacturing space," writes Luciano Cunha, Global Industry Director, To-Increase.
For far too long, the discrete manufacturing industry has been dealing with the realities and repercussions of the recession," writes post author Luciano Cunha, Global Industry Director, To-Increase.

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