asset-backed security
asset-backed security · asset-backed securities
A security whose income payments, and hence value, are derived from and collateralized…A security whose income payments, and hence value, are derived from and collateralized by a specified pool of underlying assets.
Meaning
1 sensesA security whose income payments, and hence value, are derived from and collateralized by a specified pool of underlying assets.
Forms
plural: asset-backed securities| Singular | asset-backed security |
|---|---|
| Plural | asset-backed securities |
regular