An Asset-Backed Security, or ABS, are bonds or notes backed by financial assets. It is an example of “securitization.”
The assets within the ABS generally tend to consist of different kinds of debt receivables, such as credit cards, auto loans, home equity loans, and so forth.
Banks build portfolios of receivables in making loans and issuing credit, and then in many cases package these loans together and sell them to investors (known as “securitization”).
What are Asset Classes?
What are Mortgage-Backed Securities?
A Coverdell ESA is an account which can be used to save for educational expenses. They used to be called Educational IRAs
The ‘40 Act defined rules for investment companies, which are known as mutual funds, investment trusts, ETFs, and so on
The Form 6251 is used to calculate the alternative minimum tax (AMT) for individuals who have high income but low taxes
There have been many incidents where cryptocurrency has been stolen, but the Mt. Gox incident is the largest to date
ICOs can help the market and developers test the waters for new concepts using blockchain technology
Adjusted EBITDA is a non-GAAP method of making earnings valuations a little more standardized between companies
On the spectrum of creditworthiness ratings that come from firms like Moody’s and S&P, a rating of AA+/Aa1 is very good
Foreign Debt is also called International Debt or External debt. It is the amount of debt that is owed by one country...
Chartists are theorists who attempt to find parameters and algorithms that can offer efficient trading signals and profits
Some of the most common asset classes are stocks, bonds, cash (and cash equivalents), commodities, and real estate