Investment Glossary · Quick read · No ads
Asset Backed Security
The short answer
A financial security backed by a pool of assets such as loans, leases, credit card receivables, or auto finance contracts.
What is Asset Backed Security?
A financial security backed by a pool of assets such as loans, leases, credit card receivables, or auto finance contracts.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
