InvestorWords.com
automated bond system
Definition
ABS. An electronic system utilized by the New York Stock Exchange that monitors all bids on inactive bonds until the bids have been withdrawn or processed. Without this system, investors would have a difficult time receiving up-to-date information on inactive bonds.
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Nearby Terms
- auto and truck sales
- auto industry ETF
- autocorrelation
- automaker
- automated
- automated bond system
- Automated Clearing House (ACH)
- Automated Confirmation Transaction Service
- automated customer account transfer (ACAT)
- automated customer account transfer service (ACATS)
- Automated Direct Debit Amendment and Cancellation Service (ADDACS)
