Keller Williams Realty Biltmore Partners | Luxury International

Tag: Investing

Posted on 08/24/2020
What is an Asset-Backed Security?
Image by Gino Crescoli from Pixabay 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),...
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