A debt security collateralized by assets created from the securitization of any loans; may describe the broad category that includes named subcategories, such as securitized reside ...

A grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations; made up of instruments which often behave similarly to one another ...

The decomposition of the total investment performance into additive components so as to attribute the total performance to sources that may reflect various investment management fu ...

A mathematical representation of the typical value of a series of numbers, computed as the sum of all the numbers in the series divided by the count of all numbers in the series; a ...

The secondary tranche of an asset backed security (ABS) or other structured financial product; a B note carries a higher risk and potential higher return when compared to the inves ...

An exception to the non-recourse nature of a loan that provides for a loan party to have full or partial personal recourse liability for the loan in the event certain events occur, ...

For a property, the result of calculating the effective rental income, plus other income not affected by vacancy, less total operating expenses, less annual debt service, funded re ...

An internal rate of return (IRR) calculated using before-tax net cash flows.

A universe of similar investments by competing managers or investors, measured from the same inception date.

The formal (quantitative) comparison of a given investment agent’s (or portfolio’s) investment performance with that of a suitably defined index or peer group over a sp ...