Inverse order

Inverse order

In the context of periodic repayment schedules, beginning from the end, expected maturity. Opposite of current order.

Inverse Order

In an annuity or other vehicle with periodic payments, a way of reviewing payments beginning with the last and continuing on to the first.
References in classic literature ?
Now you clearly see the sequence of events, though you see them, of course, in the inverse order to the way in which they presented themselves to me.
To accomplish this, LLNS laid off their most experienced and senior employees in violation of their layoff policies, which required most employees to be laid off in inverse order of seniority.
The lottery will determine the top three picks in the NBA Draft on June 26, and then the rest of the teams will pick in inverse order of their won-lost records.
Investigations of the histograms similarity revealed the palindrome effect, which is: two sets of histograms built on the base of two consecutive 12-hours time series are most similar if one set of the histograms is rearranged in inverse order, and the start time of the series is exact six hours later the local noon.
I made it in inverse order, with my name at the top as the last to go, down to the bottom, which was the name of the first to be laid off.
The quality of the Vanguard recordings also differs from beginning to end, but unfortunately in inverse order to the quality of the music: The more beautiful Canteloube-arranged songs have the poorer recording, while the Kingsley material comes through dearly.
Jack Mendelsohn's "Next Steps in Nuclear Arms Control" (Issues, Spring 1993) cogently presents the case for keeping up the momentum gained in this area over the past few years, but does so in inverse order.
This uncertainty is offset to some degree by a requirement that surplus cash flow be used for senior debt prepayment in inverse order of maturity.
Amounts converted into shares of Pharmos common stock will reduce the monthly redemption amount in inverse order of maturity.
In addition to traditional optional redemption provisions, the bonds are subject to special redemption, in the inverse order of maturity, beginning May 1, 2006 at par.
Furthermore, bonds maturing after June 15, 2008 are subject to extraordinary prior redemption in inverse order of maturity, annually on June 15 of each year commencing in 2007.
In the event that more than half of the Units outstanding are held by persons who are not residents of Canada the Trustee is also entitled under the Trust Indenture to require holder of Units who are not residents of Canada (chosen on the basis of the inverse order to the order of acquisition or registration, or such other manner as is considered to be equitable and practical) to sell their Units or a portion of their Units within a specified period of not less than 60 days.
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