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Home > QFINANCE Dictionary > Definition of asset-backed security

Definition of

asset-backed security

Stockholding & Investments

security backed by loans a security based on the collateral of outstanding loans for which the investor receives the payments

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Definitions of ’asset-backed security’ and meaning of ’asset-backed security’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’asset-backed security’ and other financial terms with our online QFINANCE Financial Dictionary.

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