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 ?
Well, you'd better not play," Dolokhov added, and springing a new pack of cards said: "Bank, gentlemen
As he sat musing over his cigarette his eyes fell upon a mirror before him, and in it he saw reflected a table at which four men sat at cards.
She had no work to do except Schulenberg's menu cards.
But Alan and Cluny were most of the time at the cards, and I am clear that Alan must have begun by winning; for I remember sitting up, and seeing them hard at it, and a great glittering pile of as much as sixty or a hundred guineas on the table.
At games of cards he was equally skilful; for though he would constantly lose money at the commencement of an evening, playing so carelessly and making such blunders, that newcomers were often inclined to think meanly of his talent; yet when roused to action and awakened to caution by repeated small losses, it was remarked that Crawley's play became quite different, and that he was pretty sure of beating his enemy thoroughly before the night was over.
I was not present myself,' replied the visitor, 'and in consequence of your firm refusal to give your card to Doctor Slammer, I was desired by that gentleman to identify the wearer of a very uncommon coat--a bright blue dress-coat, with a gilt button displaying a bust, and the letters "P.
Look sharp with that candle,' said the voice; 'it's as much as I can do to see the pips on the cards as it is; and get this shutter closed as quick as you can, will you?
On the white pages I grouped Sunday-School cards and advertising cards which I had brought from my `old country.
They met for the sake of eating, drinking, and laughing together, playing at cards, or consequences, or any other game that was sufficiently noisy.
The players took up their cards, but could not keep their eyes off the clock.
Miss Eliza Bennet," said Miss Bingley, "despises cards.
A few feet behind, Trent, by the light of the moon, was practising tricks with a pack of greasy cards.