Expert on Land and Property Law of Indonesia | as featured by, Bisnis Indonesia and The Jakarta Post

Asset-Backed Security

Asset-backed Security: bond or note backed by mortgages, loan paper, or accounts receivable originated by banks, credit card companies, or other providers of credit and often enhanced by a bank letter of credit or by insurance coverage provided by an institution other than the issuer.

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: