Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective finance Having assets as collateral.

Etymologies

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Examples

  • Some $12.8 billion of Glencore's debt is short-term asset-backed borrowing, with an average interest rate of 2.86% used to fund the trading business.

    The Curious Question of Glencore's Debt Andrew Peaple 2011

  • The refinancing included $857 million of medium and long-term asset-backed securitized debt.

    unknown title 2011

  • The refinancing included $857 million of medium and long-term asset-backed securitized debt.

    unknown title 2011

  • NEW YORK—Credit Suisse Group is bulking up its asset-backed securities team, hiring Jay Kim from Barclays Capital, according to an internal Credit Suisse memo.

    Credit Suisse Hires Barclays Banker, Shakes Up ABS Anusha Shrivastava 2011

  • The move appears to be focused on increasing the asset-backed business at Credit Suisse.

    Credit Suisse Hires Barclays Banker, Shakes Up ABS Anusha Shrivastava 2011

  • The monthly Treasury report highlights cross-border acquisitions of securities with maturities of more than one year including nonmarket transactions such as stock swaps and principal repayment on asset-backed securities.

    China Net Seller of U.S. Treasurys in February Jeff Bater 2011

  • The bogus loans and bad foreclosure paperwork are both the result of Wall Street's massive appetite for mortgages during the housing bubble, experts say, as banks repackaged mortgages as asset-backed securities and sold them to investors.

    Foreclosure Paperwork Scandal 'Same Process' That Fed The Housing Bubble Arthur Delaney 2010

  • Issuance of asset-backed debt has been steady this year, and demand for securities backed by consumer loans has recovered following the financial crisis, in part because of efforts by the Federal Reserve.

    Credit Suisse Hires Barclays Banker, Shakes Up ABS Anusha Shrivastava 2011

  • The bogus loans and bad foreclosure paperwork are both the result of Wall Street's massive appetite for mortgages during the housing bubble, experts say, as banks repackaged mortgages as asset-backed securities and sold them to investors.

    Foreclosure Paperwork Scandal 'Same Process' That Fed The Housing Bubble Arthur Delaney 2010

  • The bogus loans and bad foreclosure paperwork are both the result of Wall Street's massive appetite for mortgages during the housing bubble, experts say, as banks repackaged mortgages as asset-backed securities and sold them to investors.

    Foreclosure Paperwork Scandal 'Same Process' That Fed The Housing Bubble Arthur Delaney 2010

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