drop anchor (0 synonym found)

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Definition of drop anchor:

(n) : a slice, section or portion; one of a set of classes or risk maturities which comprise a multiple-class security, such as a CMO or REMIC. A class of bonds. Collateralized mortgage obligations are structured with several tranches of bonds that have various maturities

Definition of drop anchor:

(n) : a slice, section or portion; one of a set of classes or risk maturities which comprise a multiple-class security, such as a CMO or REMIC. A class of bonds. Collateralized mortgage obligations are structured with several tranches of bonds that have various maturities

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