What is the definition of Pass-through security? | Dictionary.net

PASS-THROUGH SECURITY

\pˈasθɹuː sɪkjˈʊ͡əɹɪti], \pˈasθɹuː sɪkjˈʊ‍əɹɪti], \p_ˈa_s_θ_ɹ_uː s_ɪ_k_j_ˈʊə_ɹ_ɪ_t_i]\

Definitions of PASS-THROUGH SECURITY

1910 - Black's Law Dictionary (2nd edition)

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When investors get cashflows from assets in modified or fully modified forms. The assets can be mortgages, certificates, bonds, and loans.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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