Reported factor
The pool factor as reported by the bond buyer for a given amortization period. |
Similar financial terms
Amortization factorTwo-factor model
Black's zero-beta version of the capital asset pricing model.
Single factor model
A model of security returns that acknowledges only one common factor.
Present value factor
Factor used to calculate an estimate of the present value of an amount to be received in a future period.
Pool factor
The outstanding principal balance divided by the original principal balance with the result expressed as a decimal. Pool factors are published monthly by the Bond Buyer newspaper for Ginnie Mae, Fannie Mae, and Freddie Mac(Federal Home Loan Mortgage Corporation) MBSs.
One-factor APT
A special case of the arbitrage pricing theory that is derived from the one-factor model by using diversification and arbitrage. It shows the expected return on any risky asset is a linear function of a single factor.
Old-line factoring
Factoring arrangement that provides collection, insurance, and finance for accounts receivable.
Net benefit to leverage factor
A linear approximation of a factor, T*, that enables one to operationalize the total impact of leverage on firm value in the capital market imperfections view of capital structure.
Multifactor CAPM
A version of the capital asset pricing model derived by Merton that includes extramarket sources of risk referred to as factor.
Maturity factoring
Factoring arrangement that provides collection and insurance of accounts receivable.
Conversion factors
Rules set by the Chicago Board of Trade for determining the invoice price of each acceptable deliverable Treasury issue against the Treasury Bond futures contract.
Factor market
The place where inputs or resources are bought or sold. Factor markets usually refer to labor or capital.
