ABS definition

ABS means asset-backed securities.
ABS means the American Bureau of Shipping.
ABS means acrylonitrile-butadiene-styrene plastic. “Cathodically protected” applies to both “bare” and “coated.”

Examples of ABS in a sentence

  • ABS are securitized debts where the underlying assets are receivables arising from various loans including automobile loans, personal loans, loans against consumer durables, etc.

  • MBS are formed by pooling various types of mortgages while ABS are formed by pooling assets such as auto loans, credit card receivables or student loans.

  • ABS are backed by other assets such as credit card, automobile or consumer loan receivables, retail installment loans or participations in pools of leases.

  • Besides principal payments or defaults, with this type of an ABS structure the pool may also be exposed to changes due to transactions undertaken by the entity or entities managing the pool.

  • They are termed as Asset Backed Securities (ABS) or Mortgage Backed Securities (MBS).


More Definitions of ABS

ABS means the American Bureau of Shipping or any successor organization.
ABS means a licensable body as defined in section 72 of the 2007 Act;
ABS means absolute value.
ABS means a licensable body as defined in section 72 of the Legal Services Act 2007;
ABS means a service that allows End Users to xxxx calls to accounts that may not be associated with the originating line. There are three types of ABS calls: calling card, collect and third number billed calls. Ameritech, AMERITECH, and SBC-AMERITECH (wherever each name may appear in this Agreement) shall mean Ameritech Wisconsin. “Applicable Law or Laws” is as defined in Article XIX, Section 19.2.
ABS means the assumed rate of prepayments on the Receivables for --- each Settlement Period based upon the "Absolute Prepayment Model", applied in accordance with current market standards.