Financial term used to describe additional income earned from certain types of bonds or other asset-backed securities. It can also refer to additional profits left after expenses have been paid. Bond issuers have the option of passing the excess cash to bond holders or to investors that may have interest in the security.
Related information about excess cash flow:
- Excess Cash Flow Definition | Investopedia
The excess cash flow may be passed to investors who purchased a residual interest in the securities or used by the bond issuer to pay out to bond holders.
- PLC - Excess Cash Flow
Refers to a financial measurement used in the loan agreement which activates the requirement for mandatory prepayments of the loan. Excess cash flow ...
- What is excess cash flow? definition and meaning
Definition of excess cash flow: Financial term used to describe additional income earned from certain types of bonds or other asset-backed securities. It can also ...
- Excess Cash Flow: Definition from Answers.com
Excess Cash Flow Payments from loans or mortgages underlying mortgage backed bonds or other asset-backed bonds in excess of the amount needed to ...
- Banker's Glossary - C - American Banker
A loan agreement or bond indenture provision that requires the borrower to apply excess cash flow (or some percentage of excess cash flow) to reduce the ...
- cash sweep vs debt sweep | Wall Street Oasis
Aug 10, 2009 ... Excess cash flow is typically close to free cash flow, but definitely ... Most of the time a percentage (often 50%) of excess cash flow had to go to ...
- What Is Excess Cash Flow?
Excess cash flow is a term that is used in reference to the extra or excess cash that a company makes after discharging its financial obligations. That is to say that ...
- Creditor Control of Free Cash Flow - Federal Reserve Bank of ...
Nov 1, 2009 ... a mandatory repayment covenant called “excess cash flow sweep” ... “excess cash flow sweep” covenant to exercise direct control and force ...