CARDs


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CARDs

Certificates for Amortizing Revolving Debts

Pass-through securities backed by the receivables on credit cards. That is, they are debt securities in which the holders are entitled to the principal and interest on the credit card payments underlying them. CARDs are structured in a similar way to mortgage-backed securities.

CARDS

References in classic literature ?
said Dolokhov, and he took up the cards with a smile.
And strange to say Nicholas felt that he could not help taking up a card, putting a small stake on it, and beginning to play.
There are no cards in my coat," and with that he ran his hand into his pocket.
Gentlemen," he continued, "monsieur le count did not know that those cards were in his pocket.
MacDonald counted his cards carefully, to make doubles sure it was not a foul hand, wrote a sum on a paper slip, and slid it into the pot, with the simple utterance:-
The old man replied by shaking the little purse in his eager hand, and then throwing it down upon the table, and gathering up the cards as a miser would clutch at gold.
Apparently his master's reception of the card had impressed the powdered-headed footman in Sam's favour, for when he came back from delivering it, he smiled in a friendly manner, and said that the answer would be ready directly.
I saw cards on the table, but no gold; only a heap of little written papers, and these all on Cluny's side.
When we find him again, his mustachios and the title of Colonel on his card are the only relics of his military profession.
Associating the clerk's idea with the line inscribed on the card in my hand, I thought it possible that the Moonstone might be at the bottom of Mr.
The card, the fatal card, was gone from the pages of Ruskin, and he guessed what had happened.
If she contrived to slip into the house in his absence, he could provide against that contingency by sending a second card privately to the police station, forbidding the officer to stir in the affair until he had received further orders.