Certificates of Automobile Receivables (CAR)

 

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Certificates of Automobile Receivables (CAR)

Pass-through securities backed by automobile loan receivables.



Certificates of Automobile Receivables (CAR)

Similar Matches

Participation certificates (PC)

Participation certificates (PC)

Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a security or group of securities.


Negotiable certificates of deposit

Negotiable certificates of deposit

Large-denomination bank certificates of deposit that can be traded.


Guaranteed Mortgage Certificates (GMC)

Guaranteed Mortgage Certificates (GMC)

First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.


Certificates of Amortized Revolving Debt (CARD)

Certificates of Amortized Revolving Debt (CARD)

Pass-through securities backed by credit card receivables.


Participation Certificates

Participation Certificates

Mortgage securities, rather than mortgages. The advantage of the certificate is that it is readily marketable or pledgeable.


Further Suggestions

Equipment trust certificates
Canceled Certificates


 
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