Esoteric ABS

From Open Risk Manual

Definition

Esoteric ABS. An asset backed security based on some underlying promised future cashflow.

New example from Goldman Sachs hearing April 2010: Exotic ABS bsaed on box office takings for movies.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.