单词 | asset-backed |
释义 | asset-backed asset-backed adjective
(Finance ) used to describe a type of investment that a financial institution sells to investors. The company buys debts, such as car loans, and then sells investors the right to receive payments that the people who owe the money make: asset-backed bonds/issue/debt the asset-backed securities market Shinsei is doing brisk business in repackaging home mortgages and other loans into marketable securities, so-called asset-backed securities for sale to global investors. ⇨ ABS |
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