Asset backed security: Difference between revisions
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imported>Nick Gardner (New page: {{subpages}} <!-- Text is transcluded from the Asset backed security/Definition subpage-->) |
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Latest revision as of 05:08, 23 February 2010
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Asset backed security [r]: A security for which the collateral and source of cash flow is a financial asset or a group of assets, such as loans, leases, credit card debt, company receivables or royalties, (but sometimes defined to exclude mortgages.) [e]
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