Certificates Of Automobile Receivables

Business, Legal & Accounting Glossary

Definition: Certificates Of Automobile Receivables


Certificates Of Automobile Receivables

Quick Summary of Certificates Of Automobile Receivables


A short-term bond, certificate of deposit, debenture, or commercial paper that is backed by automobile loans. Once lenders sell the automobile loans to the public, they use the proceeds to fund additional lending. Investors also receive a moderate amount on interest income.




Synonyms For Certificates Of Automobile Receivables


CAR


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Certificates Of Automobile Receivables. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 06, 2021 https://payrollheaven.com/define/certificates-of-automobile-receivables/.
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Certificates Of Automobile Receivables. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/certificates-of-automobile-receivables/ (accessed: December 06, 2021).
American Psychological Association (APA):
Certificates Of Automobile Receivables. PayrollHeaven.com. Retrieved December 06, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/certificates-of-automobile-receivables/

Definition Sources


Definitions for Certificates Of Automobile Receivables are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.