"Asset backing" refers to the value of assets that support or back a specific investment or financial product. It ensures that there are valuable assets backing or supporting the value and security of the investment.
Full definition
Synonyms for individual words can be found below.
«asset»
«backing»
Sentences with «asset backing»
- Short and long - term investments consist primarily of auction rate securities in asset backed securities and corporate notes. (sec.gov)
- A Billion Dollars worth of asset backed securities need to have a billion dollars of assets behind then, it's a one for one correlation. (money.stackexchange.com)
- However, in this case, anyone is allowed to issue their own assets backed by their promises to repay. (bitcoinist.com)
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