Examlex
For a perfectly centered process with normally distributed output,Six Sigma process quality translates to around 2 defects per trillion units produced.
Secondary Market
A market where investors buy and sell securities or assets from other investors, rather than from the issuing company directly.
Previously Issued
Refers to securities or stocks that have been issued in the past and are currently being traded in secondary markets.
Mortgage Pass-Through Securities
Investment products that pool mortgage loans and pass the principal and interest payments from borrowers to investors periodically.
Mortgage Portfolio
A collection of mortgage loans held by a financial institution or investor.
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