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Sequential and Consistent

adjective

(a.) Succeeding or following in order.

Sequential is a class of bonds often described as short or long-term. It is critical to analyze the relationship of these bonds relative to the underlying collateral coupon. One version of these bonds is vulnerable to extension risk whereas another version is vulnerable to call risk.

adjective

  • Sometimes followed by `with'. ( in agreement or consistent or reliable) "testimony consistent with the known facts"; "I have decided that the course of conduct which I am following is consistent with my sense of responsibility as president in time of war- FDR
  • Capable of being reproduced.
    • usage: "astonishingly reproducible results can be obtained"
  • Marked by an orderly, logical, and aesthetically consistent relation of parts.
    • usage: "a coherent argument"
  • The same throughout in structure or composition.
    • usage: "bituminous coal is often treated as a consistent and homogeneous product"