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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.


References in periodicals archive ?
Director General (A and P), NAB, Vice President of Prevention Committee along with representatives from PID, ABC, PTV, PEMRA, APNS and advertising agencies attended the meeting.
The proposed fuzzy PID control algorithm was proved to be effective for direct-drive pump control system by using step and Sine signals as control targets.
genitalium in patients with PID or other possible forms of M.
As can be verified, all the variations of PID controller parameters which are located inside the shape defined by stability regions from fig.
Average growth rate of PID market from 2007 to 2012 is forecast to be 32% in terms of shipment and 19% in terms of revenue, which largely exceed the growth rates of representative applications as TV, Monitor and notebook PC, DisplayBank said.
The three parameters in the PID controller proportional gain ([k.
Against this background, we reviewed the literature addressing two issues: 1) the question of safety, specifically the risk of PID following IUD insertion in low-resource settings where gonorrhoea and chlamydia are prevalent, and 2) the value of antibiotic prophylaxis prior to IUD insertion in settings when it is not possible to rule out existing infection.
Some evidence shows that inflammation and subsequent tissue damage in chronic PID are due to an immunopathologic reaction against a chlamydial heat-shock protein (hsp60) (14).
gonorrhoeae isolated from women with PID are more virulent than bacteria from women with gonorrhea.
But many public and private health-care providers have been reluctant to pay for the expensive screening tests because there was no proof that screening for the bacteria would lead to lower rates of PID.