GNMA MIDGETS Definition

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GNMA MIDGETS are GNMA bonds secured by mortgages with a stated maturity of 15 years.

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RULE OF THUMB is a rough and useful principle or method, based on experience rather than precisely accurate measures.

PROPORTIANATE UNIT CONCEPT is where a value or distribution is agreeing in amount, magnitude, or degree, e.g. a shareholder holding 1% outstanding shares of an entity is entitled to receive 1% of that entities declared dividend, i.e. it is in proportion.

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