asset-backed Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “asset-backed” in the English Dictionary

"asset-backed" in Business English

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asset-backedadjective

uk   us  
relating to an investment with income from particular assets, for example payments on home loans: The rate of payment on asset-backed securities generally depends on the rate of payments received on the underlying assets.
(Definition of asset-backed from the Cambridge Business English Dictionary © Cambridge University Press)
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