# Equipment leasing backed securities (ELBS)

- Canonical URL: https://www.gerhardmerk.de/equipment-leasing-backed-securities-elbs
- Post ID: 592786
- Modified: 2023-07-25T21:00:39+00:00
- Language: en

## Definition

Companies in the leasing business bundle the collateral provided to them by lessees - usually with a bank acting as intermediary - and transfer it to a special purpose entity. The special-purpose entity converts the receivables into collateralized debt obligations and sells them to investors either purely or in combination with other debt instruments, such as bank loans, bonds, and various public-sector debt instruments. - See Absence capitalism, 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