When a borrower prepays a loan, the borrower saves a lot of interest. But that means the lender also misses out on all that interest. Accordingly, prepayment can sometimes come with a penalty, and this is disclosed in the loan documents. People who invest in pass-through securities are also frequently concerned about prepayment. That's because those securities that receive payments from an intermediary that collects payments from a pool of assets.
Let me explain. Traditional plant breeding: One of my jobs in the late 1960s was to take a small piece of 200 grit sandpaper folded into a small pointed trough and collect the pollen (male flower part) from certain alfalfa plants.I then transferred this pollen to the pistil (female flower part) of another alfalfa plant.et me explain. Traditional plant breeding: One of my jobs in the late 1960s was to take a small piece of 200 grit sandpaper folded into a small pointed trough and collect the pollen (male flower part) from certain alfalfa plants.
Reining is a western riding competition where the rider guides the horse through a precise pattern of circles, spins, and stops. All work is done at the lope (a slow, relaxed version of the canter) and gallop.Reining is often described as a Western form of dressage riding, as it requires the horse to be responsive and in tune with its rider, whose aids should not be easily seen.Reining judges the horse on its ability to perform a set pattern of movements. Circles: the horse must perform large, fast circles at a near-gallop and smaller, slow circles at a lope. 2  They should be perfectly round, with the rider dictating the pace of the horse. 3  There should be an easily seen change of speed as the rider transitions from the large, fast to the small, slow circles.