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September 2020

Top 10 Financial Terms

Submitted by White Oak Wealth Management on September 8th, 2020

If you don’t know the difference between asset-backed securities and securities, you may want to take a look at these common financial terms and their definitions.

Asset Backed Securities

Asset-backed securities are bonds or notes that are backed by assets such as credit card accounts receivable, auto loans, and home equity loans.

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