Asset-Backed Security

  • What is an Asset-Backed Security?

    Feb 02 2020

    What is an Asset-Backed Security?

    The common understanding of an asset-based debt is a loan meant to be repaid with interest, over time, and backed by a physical asset such as a building or a car. The asset serves as collateral that can be claimed by the lender in case of borrower default. An Asset-Based Security (ABS), however, in investment…

  • Waddell, Arizona

  • 602-370-1382

  • bing@homesazre.com