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asset-backed security

noun

Definitions

  1. A security whose income payments, and hence value, are derived from and collateralized by…

    A security whose income payments, and hence value, are derived from and collateralized by a specified pool of underlying assets.

The neighborhood

Vish — recursive loop

No curated loop yet for asset-backed security. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA