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Asset backed security (abs)
| Syndicated Loan Glossary |
A security which is supported by assets such as mortgages, car loans, credit card receivables, owned by the issuer of the security and usually placed with a trustee.
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Receivables, английский
Дебиторская задолженность
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Commercial paper (cp), английский
A short term unsecured promise to repay a debt on a certain future date, usually written as a promissory note and sold at a discount.
Floating rate bond or note (frn), английский
A security on which the coupon paid changes on every interest roll-date throughout the life of the debt in line with a reference rate - such as libor or euribor.
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