Certificates for Amortizing Revolving Debts

Definition

CARDS. Asset-backed security created by Salomon Brothers that is collateralized by credit card balances. CARDS work similarly to accounts receivables. also called plastic bonds.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
certificateless municipal bond certificates of accrual on treasury securities (CATS)