zī​chǎn​dān​bǎo​zhèng​quàn

asset-backed security

  1. assets
    (accounting) economic resources or capital owned or controlled by a business entity that can be measured in monetary terms, including fixed and current assets
  2. security
    legal measures or assets provided to ensure the fulfillment of an obligation, such as collateral for a debt or bail for a defendant
  3. securities
    Negotiable financial instruments or certificates that have monetary value, such as stocks and bonds.