Definitions for "Overshooting"
The tendency of a pool of MBS to reflect an especially high rate of prepayments the first time it crosses the threshold for refinancing, specially if two or more years have passed since the date of issue without the weighted average coupon of the pool crossing the refinancing threshold.
The failure of the radar to detect a target due to the radar beam passing above the target.
1. to pass swiftly beyond. 2. to shoot or pass over or beyond so as to miss.
Oversold Oversubscribed issue
A jump in the value of an asset followed by a slow adjustment to equilibrium, caused by a change in expectations.