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Glossary   >   P   >   "Pass Through Security" Definition            Pass Through Security A pool of fixed income securities backed by a package of assets. A servicing intermediary collects the monthly payments and, after deducting a fee, remits or passes them through to the holders of the pass through security. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Pass Through Security - A pool of fixed income securities backed by a package of assets. A servicing intermediary collects the monthly payments and, after deducting a fee, remits or passes them through to the holders of the pass through security.