Absolute Prepayment Model definition

Absolute Prepayment Model means a model calculating prepayment of receivables with respect to which the receivables prepay at a specified constant monthly prepayment rate.

Examples of Absolute Prepayment Model in a sentence

• The model used in this term sheet, the Absolute Prepayment Model (“ABS”), represents an assumed rate of prepayment each month relative to the original number of receivables in a pool of receivables.

• The model used in this term sheet, the Absolute Prepayment Model ("ABS"), represents an assumed rate of prepayment each month relative to the original number of receivables in a pool of receivables.

• The model used in this term sheet, the Absolute Prepayment Model, or ABS, represents an assumed rate of prepayment each month relative to the original number of contracts in a pool of contracts.

• The model used in all 281 deals in my sample is the Absolute Prepayment Model (APS).

• In this term sheet, the Absolute Prepayment Model ("ABS") represents an assumed rate of prepayment each month relative to the original number of contracts in a pool of contracts.

• The model used in this prospectus supplement to present the projected weighted average life of each class of notes, the Absolute Prepayment Model, or “ABS,” assumes a rate of prepayment each month relative to the original number of receivables in a pool of receivables.

• The model used in this termsheet, the Absolute Prepayment Model, or ABS, represents an assumed rate of prepayment each month relative to the original number of automobile loans in a pool of automobile loans.

• The model used in this term sheet, the Absolute Prepayment Model ("ABS"), represents an assumed rate of prepayment each month relative to the original number of contracts in a pool of contracts.

• The model used in this term sheet to present the weighted average life of each class of notes and certificates, the Absolute Prepayment Model, or ABS, assumes a rate of prepayment each month relative to the original number of receivables in a pool of receivables.

• The model used in this prospectus supplement to present the projected weighted average life of each class of offered notes, the Absolute Prepayment Model, or “ABS,” assumes a rate of prepayment each month relative to the original number of receivables in a pool of receivables.