| 单词 | asset-backed |
| 释义 | > as lemmasasset-backed asset-backed adj. Finance secured by assets; spec. designating a security having as collateral the cash flows from a pool of financial obligations such as consumer loans or credit-card receivables. ΚΠ 1963 M. Friedman & A. J. Schwartz Monetary Hist. United States, 1867–1960 117 A plan for an asset-backed currency..was proposed by the American Bankers Association at its Baltimore convention in October 1894. 1985 N.Y. Times 4 June d8/1 Moody's Investors Service and the Standard & Poor's Corporation have been blessing the asset-backed securities with the highest credit ratings. 1991 Banker Sept. 7/4 The index does not..track the price of the most liquid and heavily traded asset-backed issues in the US. 2003 D. L. Scott Wall St. Words (ed. 3) 17 It is possible for the credit quality of asset-backed securities to be substantially better than the general credit of the company issuing the securities. < as lemmas |
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