ABS

Asset-backed securities (ABS) mean investment securities that provide for ownership of a fractional undivided interest or collateral interests in specific assets of a trust that are sold and traded in the capital markets. For the purposes of this subpart, ABS exclude mortgage-backed securities that are defined in this section.

Source

12 CFR § 615.5131

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Scoping language

For purposes of this subpart, the following definitions apply:

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