PO

(redirected from P.O.)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia, Wikipedia.

PO

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Principal Only

Describing a derivative in which the underlying assets are the future principal payments on a pool of mortgages or other debt obligations. Principal-only derivatives are issued at a deep discount to their par value; that is, one buys such derivatives for an amount less than the principal payments to which the holder is entitled. The gain on a principal-only derivative comes from the amount by which principal payments exceed the amount that the holder pays for the security. For that reason, holders of these derivatives can benefit from prepayment risk because when property owners repay their mortgages more quickly, principal-only derivative holders receive their returns more quickly.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

PO

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The move comes after several instances of violations of rules pertaining to the use of corporate and personal P.O. boxes.
Main St., P.O. Box 40780, Lansing, MI, 48901-7960 tel: 800/748-0384 fax: 517/371-4930#
Contact: Dennis Erpelding, P.O. Box 708, Greenfield, IN 46140; (317) 276-2721; Booth: 79
Information: Carlei O'Neal, SAIC-Frederick, Inc., NCI-Frederick, P.O. Box B, 92 Thomas Johnson Drive, Suite 250, Frederick, MD 21702-1201 USA, 301-228-4027, fax: 301-228-4038, e-mail: onealc@ncifcrf.gov, Internet: http://web.ncifcrf.gov/campus/symposium/
* Imagine a World d Wanted/ Nurtured Children Joe Bernard, director P.O. Box 1001 San Jacinto, CA 92581-1001 1-909-658-2491 nurture@ivic.net Educational division of the Humanist Society of Friends, a branch of the American Humanist Association, encourages population growth control and greater nurturing in childrearing.
Nevada--Nancy Tedford, NCTM, P.O. Box 5288, Incline Village, NV 89450-5288; (775) 423-5816; nancy@jntinc.com
Idaho Wildlife Federation P.O. Box 6426 Boise, ID 83707
P.O. Box 34162 Bethesda, MD 20827-0162 Tel: 301-365-4046 * Fax: 301-365-0435
Clay, Director Rehabilitation Services University of Maryland, Eastern Shore P.O. Box 1027 Princess Anne, Maryland 21853
Science Park Road P.O. Box 60 State College, PA 16801 (814) 238 4311 Delaware Valley DVA Joyce Bischoff ICI Americas, Inc.