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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 ?
The positive effect on blood pressure using proanthocyanidins, including those in grape-seed extract, is not a new finding.
Multiple laboratory studies have demonstrated in detail just how effective proanthocyanidins are at reducing bacterial stickiness.
Proanthocyanidins are found in cranberry cocktail and juice, as well as in fresh cranberries and blueberries.
Proanthocyanidins are less frequently found but have been identified histochemically in long files of cells next to the vascular system in Lotus roots (Morris & Robbins, 1992) and in the cortex of nodules of woody and some herbaceous forms (Brown & Walsh, 1994).
The relationship between the contents of phenolics (tannins, flavonoids, proanthocyanidins and total phenolics, expressed as percentage of dry material, w/w) and the vasodilator effect ([PIC.
radiata bark, which contains a high amount of polyphenols such as proanthocyanidins, the liquefaction reaction rate was reported to be significantly slower than wood, especially at the low phenol-to-bark ratio of about 2 (Mun et al.
When cranberries' proanthocyanidins are broken down in the body, the compounds they form can bind to the fimbriae, which prevents the E.
Other studies have shown that proanthocyanidins help protect the body from sun damage and improve vision, flexibility, arteries and body tissues.
Research published in peer-reviewed, scientific journals has established that cranberries contain proanthocyanidins (PACs) with an unusual A-type linkage.