HomeDefinitionsCompareDebt Strip mortgage participation certificate (strip PC)The financial definition for Strip mortgage participation certificate (strip PC):Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages. Similar MatchesDirect participation programDirect participation programAn investment program enabling investors to directly participate in the cash-flow and tax benefits of the partnership invested in by the investor, typically a form of passive investment. Participation certificates (PC)Participation certificates (PC)Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a security or group of securities. Participation loanParticipation loanA large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender. Click to compare definitions of Strip mortgage participation certificate (strip PC) Click to view definitions beginning st |