ONTOLOGY EXPLORER

asset-backed security

<https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/PoolBackedSecurities/AssetBackedSecurity>

プロパティと値

プロパティ	値
type	Class
label	"asset-backed security"@en
subClassOf	PoolBackedSecurity
definition	"debt instrument backed by receivables other than those arising out of real estate loans or mortgages"@en
abbreviation	"ABS"@en
adaptedFrom	"ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10-01"
explanatoryNote	"An asset-backed security (ABS) is a type of financial investment that is collateralized by an underlying pool of assets—usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, or receivables. It takes the form of a bond or note, paying income at a fixed rate for a set amount of time, until maturity. ABS are financial securities backed by income-generating assets such as credit card receivables, home equity loans, student loans, and auto loans. Pooling assets into an ABS is a process called securitization. One difference between an ABS and a collateralized debt obligation (CDO) is that the CDO issuer is generally a special purpose vehicle (SPV) or trust."@en
explanatoryNote	"Asset-backed securities, for example home equity loans (HEL), credit cards, and so forth are backed by receivables [payments] that are either secured (such as HEL) or unsecured (for example, credit cards). They are typically tranched based on default risk."@en