Fully modified pass throughs
The financial definition for Fully modified pass throughs:
Agency pass-throughs that guarantee the timely payment of both interest and principal. Related: Modified pass-throughs.
Modified Accelerated Cost Recovery System (MACRS)Modified Accelerated Cost Recovery System (MACRS)
A 1986 act that set out rules for the depreciation of qualifying assets, allowing for greater acceleration over longer periods of time.
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