Speed

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Related to promptitude: promptness, hastiness

Speed

Speed

1. In mortgage-backed securities, the estimated rate at which homeowners will pay off the underlying mortgages of an MBS. The equivalent of the coupon on a mortgage-backed security is a percentage of the interest and principal paid on the mortgages backing the security. A risk associated with mortgage-backed securities is that too many homeowners will pay off their mortgages with too much speed, depriving the holder of the MBS from future interest payments.
References in periodicals archive ?
Any settled virtue includes the feelings of promptitude, pleasure, ease, or at least the absence of regret (see De virtutibus q.
5(3), or the requirement of promptitude, because it was not possible to
And the first editorial talked about the launch of the new Echo saying: "An evening paper is now a universally appreciated luxury, if not necessity, of town life, and, if properly worked succeeds in conveying the news even into country districts with such celerity and promptitude as to create quite a new interest in public events.
The administrator's preference for autonomy might stem from his respect for rules and regulations and uniformity, and from his genuine concern for speed and promptitude.
The virtues of the two authorities differ: "In the legislative, promptitude of decision is oftener an evil than a benefit.
He said the French government and the French people would feel the deepest gratitude for the promptitude of the Italian government and its generosity in desiring to return the masterpiece to the Salon Carre in the Louvre, 'rendered historic and sacred by its presence'.
The policy of these statutes is to encourage promptitude in the prosecution of remedies.
One of many such cases is that of Manu Sharma whose application dated August 20 was disposed off with utmost promptitude on September 18.
The availability of scales in clinical fields are high because of their promptitude but one drawback may be that the subjective view of the examiner would be influenced.
We introduced ourselves by telling readers: "An evening newspaper is now a universally appreciated luxury, if not a necessity of town life, and, if properly worked, succeeds in conveying the news into country districts with such promptitude as to create quite a new interest in public affairs.
the alarm was early given, and the inhabitants turned out with a promptitude, and commenced and prosecuted the search with a zeal most honorable to the cause of humanity.