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Asset-backed security and Special-purpose entity

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Asset-backed security and Special-purpose entity

Asset-backed security vs. Special-purpose entity

An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or "backed") by a specified pool of underlying assets. A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV, or, in some cases in each EU jurisdiction – FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives.

Similarities between Asset-backed security and Special-purpose entity

Asset-backed security and Special-purpose entity have 2 things in common (in Unionpedia): Mortgage-backed security, Securitization.

Mortgage-backed security

A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages.

Asset-backed security and Mortgage-backed security · Mortgage-backed security and Special-purpose entity · See more »

Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs).

Asset-backed security and Securitization · Securitization and Special-purpose entity · See more »

The list above answers the following questions

Asset-backed security and Special-purpose entity Comparison

Asset-backed security has 46 relations, while Special-purpose entity has 35. As they have in common 2, the Jaccard index is 2.47% = 2 / (46 + 35).

References

This article shows the relationship between Asset-backed security and Special-purpose entity. To access each article from which the information was extracted, please visit:

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