Asset-backed fund



noun
a fund in which the money is invested in property, shares, etc, rather than being deposited with a bank or building society

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  • Assetless

    a useful and desirable thing or quality: Organizational ability is an asset. a single item of ownership having exchange value. assets. items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to ). Accounting. the items detailed […]

  • Asset-stripping

    noun (commerce) the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down noun the practice of buying a failing company,then selling its assets for a profit Examples Asset-stripping involves selling successful parts of a company such as brand names to make a […]



  • Assets

    a useful and desirable thing or quality: Organizational ability is an asset. a single item of ownership having exchange value. assets. items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to ). Accounting. the items detailed […]

  • Asseverate

    to declare earnestly or solemnly; affirm positively; aver. Historical Examples And I hereby do fully and freely declare and asseverate, that the Woods did not tremble to a kiss, and that the lovers did. Life of Lord Byron, Vol. 6 (of 6) Thomas Moore She did not asseverate any more, nor even say she was […]



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