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

Read Also:

  • Assetless

    a useful and desirable thing or quality: organizational ability is an -sset. a single item of ownership having exchange value. -ssets. 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 -ssets piecemeal before closing the company down noun the practice of buying a failing company,then selling its -ssets for a profit examples -sset-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 -sset. a single item of ownership having exchange value. -ssets. 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 -sseverate, 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 -sseverate any more, nor even say she was […]

  • Asseveration

    the act of . an emphatic -ssertion. historical examples finally through the mist he heard the -sseveration that it must be the work of fox or badger. bakemono yashiki (the haunted house) james s. de benneville it has not occurred to her that his words are a question rather than an -sseveration. april’s lady margaret […]


Disclaimer: Asset-backed fund definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.