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paythrough

Noun CEFR B2

Definitions

A kind of security issued by a trust, allocating the cash flows from the underlying pool to the securities holders on a pro rata basis.

attributive

Examples

“a paythrough bond”
“a paythrough structure⟳”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

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