See Also: Asset-backed security(money)
Asset backed security(finance)
Mortgage backed security(finance)
Asset for asset swap(money)
Asset for asset swap(finance)
backed(medicine)
Backed in(money)
red-backed(dictionary)
Backed in(finance)
roach-backed(medicine)

Asset backed security (finance)


The task of managing the funds of a financial institution to accomplish two goals: to earn an adequate return on funds invested and to maintain a comfortable surplus of assets beyond liabilities. Also called surplus management.