Yield Maintenance — A prepayment premium that allows investors to attain the same yield as if the borrower made all scheduled mortgage payments until maturity. Yield maintenance premiums are designed to make investors indifferent to prepayment. Furthermore, It also… … Investment dictionary
Maintenance respiration — (or maintenance energy) refers to metabolism occurring in an organism that is needed to maintain that organism in a healthy, living state. It is distinguished from growth respiration. In plants Maintenance respiration in plants refers to the… … Wikipedia
maintenance test — USA A financial ratio test for covenant compliance that needs to be met at regular intervals (such as quarterly or the end of each fiscal quarter). For example, the borrower may be required to maintain a leverage ratio of less than 3.0:1.0. The… … Law dictionary
Multiple-Use Sustained-Yield Act of 1960 — Full title Multiple Use Sustained Yield Act of 1960 Acronym MUSYA Effective June 12th, 1960 Citations … Wikipedia
Gross Yield — The yield on an investment before the deduction of taxes and expenses. Gross yield is expressed in percentage terms. It is calculated as the annual return on an investment prior to taxes and expenses divided by the current price of the investment … Investment dictionary
CMBS Prepayment Terms — Summary Defeasance and yield maintenance are used to define the prepayment terms of a CMBS loan (Commercial Mortgage Backed Securities) before its maturity. Defeasance Defeasance is the substitution of collateral. Defeasance is used to calculate… … Wikipedia
Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
Defeasance — Contents 1 Defeasance of Commercial Mortgage Loans 1.1 Defeasance of a Securitized Commercial Mortgage Loan 1.2 Defeasance Terms to Consider at Loan Origination … Wikipedia
art conservation and restoration — Maintenance and preservation of works of art, their protection from future damage, deterioration, or neglect, and the repair or renovation of works that have deteriorated or been damaged. Research in art history has relied heavily on 20th and… … Universalium
German income approach — The German income approach (German: Ertragswertverfahren, abbr. EWV) is the standard approach used in Germany for the valuing of property that produces a stream of future cash flows. For general information on German real estate appraisal please… … Wikipedia
agricultural technology — Introduction application of techniques to control the growth and harvesting of animal and vegetable products. Soil preparation Mechanical processing of soil so that it is in the proper physical condition for planting is usually… … Universalium