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Asset backed securities is a financial security backed by a loan, lease or receivables against assets other than real estate and mortgages. For investors, asset backed securities are an alternative to investing in corporate debt.

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Asset backed securities is a financial security backed by a loan, lease or receivables against assets other than real estate and mortgages. For investors, asset backed securities are an alternative to investing in corporate debt.

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asset-backed security

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The symbol for Corporate Asset Backed Corp CABCO in the NYSE is: GYC.

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Cash backed by gold. Such as Swiss Francs.

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