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Asset backed security |
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Asset backed securityA security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate.Asset backed security Similar MatchesBeta equation (security)Beta equation (security)The market beta of a security is determined as follows: Regress beta of stock y on excess returns of the market. The slope coefficient is beta. Define n as number of observation numbers. Beta= [(n) (sum of [xy]) ]-[ (sum of x) (sum of y)]/ [(n) (sum of [xx]) ]-[ (sum of x) (sum of x)] where: n = # of observations (usually 36 to 60 months) x = rate of beta for the S&P 500 index y = rate of return for the security. Related: beta Mortgage backed securityMortgage backed securityA security, backed by one or more mortgages. Credit linked securityCredit linked securityA note whose cash flow depends upon a credit event or credit measure of a referenced entity or asset such as default, credit spread, or rating change. The manager would purchase such a note to hedge against possible down grades, or loan defaults that would guarantee payment into the portfolio of the manager even if moneys on referenced assets are reduced. Dated securityDated securityA fixed interest security which has a specified date for repayment (redemption date). Unlisted securityUnlisted securityA security traded in the over-the-counter market that is not listed on an organized exchange. Further SuggestionsCollateral securitySecurity deposit (maintenance) Security market plane Zero coupon convertible security security Primitive security Additional security fee Senior security social security tax Security deposit (initial) Security Tax exempt security Money market security Security market line Cabinet security Security selection social security disability income insurance debt security Security Market Line Security certificate Variable price security Security selection decision Host security high grade security Undervalued security |
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