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What is an asset-backed security or ABS?

In Banking - Asked by Admin - 15 months ago

As asset-backed security is a debt that is secured by collateralized assets, this was created by securitization of any loan other than a mortgage.

Answered by Admin - 15 months ago


Tags: asset-backed security, abs, , banking, banks, what is an asset-backed security or abs?

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If you are looking for banking, online banking or anything else bank related feel free to ask it here. Our staff will answer every question you might have if it is about banking or what is an asset-backed security or abs?. Whether your question is about CDs, savings accounts, or currency we have the answer and if we don't we will answer it for you.



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