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Definitions from the Web

Asset-backed

Adjective

Definition: Referring to a financial security that is backed by a pool of assets.

Example sentence: The bank issued an asset-backed security to raise funds for its expansion.

Noun

Definition: A security or bond that is collateralized by a specific pool of assets.

Example sentence: The investor decided to purchase asset-backed bonds for their relatively low risk.

Related Products:

• Asset-Backed Securities
• Asset-Backed Bonds
• Asset-Backed Investing