Page TitleAsset-Backed Security
DescriptionAn asset-backed security (ABS) is a securitized interest in a pool of assets. Conceptually, the structure is similar to a mortgage-backed security (MBS), so it is convenient to describe the structure according to its differences from MBS.
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Suggested1/11/2009 3:17:00 PM
Updated1/11/2009 3:17:00 PM