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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 ?
Premium Series HMI Touch Panels: Powered by an Intel Core i7-4650U Processor, the Premium HMI touch panel is AISs flagship intelligent, embedded industrial computer touchscreen.
High upfront capital and need for change in business process to integrate HMIs are key challenges anticipated to impact the industry.
Modern HMI are changing from being conduits in and out of a system locally to conduits to and from anywhere in the world.
The DOP-B series of HMIs is the latest product range to be brought to the UK through Softstart UK's new strategic partnership with Delta.
Important was the fact that M had not owned any HMI stock.
Further, the report also discusses that the vendors in the Global HMI market are currently facing a serious challenge in the form of a continuous decline in product prices.
Moreover, AIS s open architecture PC-based HMI also enables networking via TCP/IP communications protocol and Industrial Ethernet to interconnect sensors, controllers, operator terminals and actuators.
According to the report, the need for higher efficiency in plant operations is driving the packaging, food and beverage, and automotive industries to adopt HMI devices.
Encompassing Open HMIs, dedicated HMIs, IPCs (industrial process controllers), SCADA hardware and software, Vision 1000 can satisfy all data access requirements from shop floor to top floor.
The software HMI sector is likely to experience strong growth, notes the analyst of this research.
AIS) open platform HMI designer and industry leader with a comprehensive portfolio of Industrial HMIs, Touch Panel Computers, Industrial PCs (IPCs), Industrial Box PCs, Industrial DIN-Rail PCs, and Industrial Thin Clients, release their family of Compact Plus and Touch Panel PC.
Since its launch in July of 2013, Red Lion's Graphite platform has received numerous global accolades, including Automation World's "First Team Supplier, HMI Hardware" award, the "Industrial Control Award" from Plant Engineering China and "Best Product of the Year" from Control Engineering China.