In a CMO, the residual is that tranche which collects any cash flow from the collateral that remains after obligations to the other tranches have been met (See The Various Types of CMOs )
The amount of capital investment remaining at the end of a term for a lease This amount of money usually represents the repurchase amount of the building from the leasing company It may also be used as a base for determining repurchase or optional purchase price for the customer
The difference between the observed value of the dependent variable and the value predicted using the estimated regression equation
something left after other parts have been taken away; "there was no remainder"; "he threw away the rest"; "he took what he wanted and I got the balance"