plastic bonds
plastic bonds
The bonds that are backed by credit card receivables. These securities are generally high quality and offer yields that are nearly equal to the yields on certificates of deposit.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.