Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.


Asset-Backed Security

A debt security collateralized by some receivables on some credit sale. Common examples of this collateral include receivables on credit cards, automotive loans, and similar assets. Returns on these securities come from customers' payments on their credit cards and other loans that may be backing the securities. Banks and companies package and sell their receivables to investors in order to reduce the risk of loan defaults. See also: Mortgage-backed security.

Automated Bond System

An electronic system on the New York Stock Exchange giving bid and ask quotes for inactive bonds. This allows investors, especially the cabinet crowd, to easily monitor the prices of bonds that are not frequently traded.
References in periodicals archive ?
Introducing high-density compounds of ABS or nylon containing metal powders to replace lead and other "heavy" materials.
First shipments of the PCMCIA ABSplus, Desktop ABS and new line of CMS swap drives containing the new 4.
Sagging abs could ``contribute to more serious physical problems, especially in the lower back,'' write fitness consultants Karen Amen and Tee Dobinson in ``The Crunch'' (Crown; $15).
This knowledge, he says, might one day lead to a tougher ABS canoe with less rubber and perhaps a lower cost.
To order this report: China ABS Plastic Market Report, 2008
Demands for higher capacity portable mass storage solutions such as the 100GB Desktop ABS are on the rise.
Dealer floorplan ABS transactions are backed by loans made to dealers to finance vehicle inventories.
We are focused on delivering high-quality launch services to commercial satellite operators worldwide and being entrusted by ABS for its first launch contract is a great honor for us.
Masterbatches in a range of base resins for improved compatibility with resins such as PP, PE, copolymers, PS, PPE, ABS and PVC.
To take advantage of any remaining hard drive space on the ABS, users can easily create additional file folders on the ABS to store "occasional use" files and programs that don't need to remain on the host computer.