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FTI Consulting Expands Risk & Investigations Capabilities in Asia with Senior Managing Director Rachel Layburn

FTI Consulting Expands Risk & Investigations Capabilities in Asia with Senior Managing Director Rachel Layburn
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2021 Next Generation of Leaders

2021 Next Generation of Leaders
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Glossary of banking terms | PaymentsSource

(1) Initials for asset-backed security. See asset-backed security. (2) The name for a convention used to express the rate of prepayments for an asset-backed security. ABS expresses principal prepayments as a percentage of the original number of loans or contracts in the pool of securitized loans that created the security. ABS is always expressed as a monthly rate. Absorption A term used by real estate lenders and developers to describe the process of renting up newly built or renovated office space or apartments. The term absorption period is often used to describe the period of time necessary for absorption. Abstract of title

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