Commercial Mortgage Backed Securities
The financial definition for Commercial Mortgage Backed Securities:
Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a lot of details associated with structure, credit enhancement, diversification, etc., that need to be understood when valuing these instruments.
Commercial bankCommercial bank
Bank that offers broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Commercial draftCommercial draft
Demand for payment.
Commercial hedgersCommercial hedgers
Companies that take futures positions in commodities so that they can guarantee prices at which they will buy raw materials or sell their products.
Further Suggestions Commercial invoice
Commercial letters of credit
Euro commercial paper
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