Speed

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Related to promptitude: promptness, hastiness

Speed

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

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Special Federal Courts shall be designated to render inexpensive justice with promptitude as mandated by Article 37.
This right can also be excluded 'where' the nature of action to be taken, its object and purpose and the scheme of relevant statutory provisions warrant its exclusion, nor can the audit alteram partem rule be invoked if importing it would have the effect of paralyzing the administrative process or where the need for promptitude or the urgency of taking action so demands." Emphasis added
Par la nature des propos qu'ils tiennent, par leur degre de promptitude a reagir pour mettre un terme a des episodes d'homophobie, ils contribuent a etablir un climat de classe securitaire, ou au contraire, hostile a une discussion qui devrait etre empreinte de tolerance et de respect.
He 'had always felt (he had never allowed himself to think of it) that the promptitude of their family was a little indelicate of her' (p.
Wonderful are the turnpike-gates, which, strange to say, are carried in bodily by men of the establishment, and set up in a moment, in defiance of law and parliament, but which makes no difference in the world to Cleopatra and her rider, who clear them in splendid style, and which then with equal promptitude are carried off by their own gatekeeper.
If you care for your patient with zest and promptitude, you will be greatly rewarded by receiving the divine light, and heaven's inheritance [9].
The risk in case of electrical shock depends on the type of current--AC or DC--the voltage and amperage, the circuit of current through the body, the person's overall health and the promptitude of treatment.
Any settled virtue includes the feelings of promptitude, pleasure, ease, or at least the absence of regret (see De virtutibus q.
Promptitude is not only a duty, but is also a part of good manners; it is favorable to fortune, reputation, influence, and usefulness; a little attention and energy will form the habit, so as to make it easy and delightful.
"In the legislature," wrote Alexander Hamilton, the most important drafter of and advocate for the Constitution after Madison, "promptitude of decision is oftener an evil than a benefit."