Instrument Item: Asset Backed Security
Generated on 2014/06/19 at 04:58:08 AM
Instrument Item: Asset Backed Security
| Acronym or Abbreviation | ABS | |||||||||
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| Description (HTML) | A financial security backed by a loan, lease or receivables against assets other than real estate and mortgage-backed securities. For investors, asset-backed securities are an alternative to investing in corporate debt.
An ABS is essentially the same thing as a mortgage-backed security, except that the securities backing it are assets such as loans, leases, credit card debt, a company's receivables, royalties and so on, and not mortgage-based securities. |
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| Source Description | Investopedia | |||||||||
| Source URL | http://www.investopedia.com/terms/a/asset-backedsecurity.asp | |||||||||
| Document | No document attached... | |||||||||
| Lifecycle - Exist Start Date | UNKNOWN | |||||||||
| Lifecycle - Exist End Date | UNKNOWN | |||||||||
| Item Quality Status (Item Quality Status) | Acceptable | |||||||||
| Updated by | webea.09 | |||||||||
| Updated on | 2014-05-13 15:59:24 | |||||||||
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Instrument