What is the meaning of Asset-backed security?

Subtopics: ABS 

Asset-backed security is a security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate.

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APABarry Goldsmith. (2010). asset-backed security. Retrieved September 22, 2026, from http://smartdefine.org/asset-backed_security/definitions/1147925
ChicagoBarry Goldsmith. 2010. "asset-backed security" http://smartdefine.org/asset-backed_security/definitions/1147925 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, asset-backed security, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/asset-backed_security/definitions/1147925>.
MLABarry Goldsmith. "asset-backed security" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/asset-backed_security/definitions/1147925>