PAC

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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.

PAC

References in periodicals archive ?
Rise in Mobility Services & Subscription Based Connected Car Services Spurs the Importance of HMI
Greg Philbrook, HMI product manager for AutomationDirect, agrees.
"Having an HMI with HTML5 capabilities is not a proprietary advantage, rather, it levels the playing field and has the potential to raise all boats," Kowal says.
As part of the integrated HMI, Intel has provided a unique and revolutionary graphics sharing technology, which it has optimized for the Intel Atom processor A3900 series, to the development efforts.
Consequently, supporting that the driver stays involved in NDRTs by a suitable HMI could eventually even become relevant to driving safety.
Bosch has tailored its HMI 4.0 especially to users' needs and requirements.
At some point, we may see parts of HMI and control system residing in private or public cloud.
HMI products indicate the operational status of production lines in factories, and allow users to operate various types of equipment which control and monitor various functions.
An optional WLAN interface enables the HMI to be accessed remotely via PCs and tablets.
Standard practices today simply use human machine interfaces (HMI) as windows into a system by allowing some information to be passed back and forth through those windows.
16 -- Tata Motors' subsidiary Jaguar Land Rover (JLR) is strengthening its engagement with the world's leading technology businesses and academic bodies with its involvement in a project that aims to reduce the potential for driver distraction in future vehicle HMI systems.
Avnet Electronics Marketing released a new touchscreen Human Machine Interface (HMI) reference design from Xylon for its MicroZed evaluation kit.