Exchange Currency

asset backed credit default swap (ABCDS)

A derivative security that uses a borrower's ability to pay debt on an asset to determine the value of the instrument. For example, a pool of mortgages may be sold as one instrument; the purchaser of the ABCDS is buying protection against a default by the borrower.

Related information about asset backed credit default swap (ABCDS):
  1. Asset-Backed Credit Default Swaps - FINCAD
    An Asset-Backed Credit Default Swap (ABCDS) is a credit default swap in which the reference obligation is an asset-backed security. Learn about CDS on ABS..
     
  2. What is asset backed credit default swap (ABCDS)? definition and ...
    Definition of asset backed credit default swap (ABCDS): A derivative security that uses a borrower's ability to pay debt on an asset to determine the value of the ...
     
  3. ABCDS - Asset Backed Credit Default Swap
    <a href="http://www.acronymfinder.com/Asset-Backed-Credit-Default-Swap-( ABCDS).html">ABCDS</a>. Citations. MLA style: "ABCDS." Acronym Finder. 2012.
     
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  5. David Steen | LinkedIn
    Provided daily and month end operational support for the firm's Asset Backed Credit Default Swap (ABCDS) trading strategy. Products traded included ABCDSs, ...
     
  6. Asset Backed Credit Default Swap (ABCDS) Definition | Investopedia
    A redit default swap wherein the reference asset is an asset-backed security rather than a corporate credit instrument. The buyer of an asset backed credit ...
     
  7. Articles about Credit Default Swaps - Business Insider
    Credit Default Swaps News. Find breaking news, commentary, and archival information about Credit Default Swaps From The Business Insider.
     
  8. Credit-Default Swaps in U.S. Decrease for Second Consecutive Day ...
    Mar 8, 2012 ... A benchmark gauge of U.S. company credit risk fell for a second straight day as Greece moved closer to completing its debt swap, easing ...