# Auto loan backed securities (ALBS)

- Canonical URL: https://www.gerhardmerk.de/auto-loan-backed-securities-albs
- Post ID: 592149
- Modified: 2023-07-25T20:59:16+00:00
- Language: en

## Definition

Special form of asset-backed securities, particularly widespread in the USA. Here, banks' receivables from car buyers are securitized and sold to a special-purpose entity - often also mixed with receivables from other loans of the originating bank. - See Leasing securities, securitized, Securitization. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1