Glossary entry

English term or phrase:

asset-backed credit card securities

Italian translation:

ABS garantiti da prestiti legati a carte di credito

Added to glossary by I_CH
Mar 16, 2023 07:26
1 yr ago
17 viewers *
English term

asset-backed credit card securities

English to Italian Bus/Financial Finance (general)
Asset-backed credit card securities have two main periods after issue – a revolving and an amortization
period [7]. The first period assumes that investors temporarily receive only interest until the revolving period ends.
It is believed that such costs allow to make purchases of new receivables, as well as resolve issues with short-term
credit card loans. The second period means that here the principal amount that is received serves as a means
of payment to investors, but not immediately, but within a certain period and in equal amounts, with their
reasonable control
https://elib.psu.by/bitstream/123456789/29685/1/115-117.pdf

grazie

Proposed translations

48 mins
Selected

asset-backed security (ABS) garantite da/basate su prestiti derivanti da carte di credito

In genere (sotto ti metto alcune fonti) i prestiti su cui si basano le asset-backed security vengono messi prima della dicitura "asset-backed securities", come è possibile vedere ad esempio in queste fonti:
https://corporatefinanceinstitute.com/resources/fixed-income...
https://thismatter.com/money/bonds/types/abs/credit-card-abs...
https://www.philadelphiafed.org/-/media/frbp/assets/consumer...
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45 mins

titoli garantiti da attività delle carte di credito

Gli "asset-backed securities" sono titoli garantiti da attività.

Più nello specifico:

What are Credit Card Asset-backed Securities? Credit card asset-backed securities (ABS) are fixed income bonds that are backed by the cash flow from credit cards. As companies collect on credit card payments, interest, and fees, cash flows that fund the principal and coupon payments of bonds are collected

https://corporatefinanceinstitute.com/resources/fixed-income...
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