Expert Answers » Mortgage Backed Securities
Mortgage Backed Securities Glossary Definition (English)
Weighted average coupon (WAC) Defined
The following is in context to Mortgage Backed Securities, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"The average coupon rate of the underlying mortgage loans or pools that serve as collateral for a security, weighted by remaining principal balance."
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Additional Weighted average coupon (WAC) Definition Starting Points
The following links are listed in alphabetical order. Please note we cannot guarantee Weighted average coupon (WAC) definitions are contextually accurate to Mortgage Backed Securities at third party websites.
Expert Dictionary: Weighted average coupon (WAC)
Dictionary: Weighted average coupon (WAC)
