1. Initials for asset-backed security. See asset-backed security. 2. The name for a convention used to express the rate of prepayments for an asset-backed security.' ABS' expresses principal prepayments as a percentage of the original number of loans or contracts in the pool of securitized loans that created the security. ABS is always expressed as a monthly rate.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). abs. Retrieved September 21, 2026, from http://smartdefine.org/abs/definitions/1146919 |
| Chicago | Barry Goldsmith. 2010. "abs" http://smartdefine.org/abs/definitions/1146919 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, abs, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/abs/definitions/1146919>. |
| MLA | Barry Goldsmith. "abs" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/abs/definitions/1146919> |