PAC

(redirected from industrial controller)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 ?
The industrial controllers scheduled for release next spring were developed based on these policies.
Toshiba produces a wide range of control equipment, including industrial controllers, that offer high level reliability and safety.
Simtek Corporation designs and markets high-speed, re-programmable, nonvolatile semiconductor memory products, for use in a variety of systems including RAID servers, storage arrays, GPS navigational systems, industrial controllers, robotics, copiers, avionics, metering, consumer, UPS, and networking and broadcast equipment.
Larger size handheld enclosures from SIMCO are suitable for housing industrial controllers, junction box applications and telecommunications.
It is well suited for network routers, industrial controllers, imaging systems, enterprise wireless access points and video surveillance/conferencing equipment.
GoAhead delivers the software and the expertise necessary to ensure success for a broad range of development projects such as wireless base station controllers, Node Bs, softswitches, defense applications and industrial controllers.
Symetron technology applied to industrial controllers may have broad application to improve efficiency of many types of motors," added Fehr.
Deployed on more than 15,000 nodes worldwide, GoAhead delivers the software and the expertise necessary to ensure success for a broad range of development projects such as wireless base station controllers, Node Bs, softswitches, defense applications and industrial controllers.

Full browser ?