PASS-THROUGH Definition

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PASS-THROUGH is a mortgage or asset-backed security for which the payments on the underlying debt are passed from the debtor through the servicing agent (who receives a fee) to the security holder.

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ORDER INTAKE is all orders which were legally concluded during the respective accounting period under review and have also come into effect.

WITHDRAWAL is a. the act of taking out money or other capital from a controlled account; or, b. a retraction of a previously held position.

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