certificates of amortized revolving debt

certificates of amortized revolving debt
( CARD)
pass-through securities backed by credit card receivables. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • CARDs — Certificates of Amortized Revolving Debt. Pass through securities backed by credit card receivables. The New York Times Financial Glossary See: certificates of amortized revolving debt …   Financial and business terms

  • CARD — ( certificates of amortized revolving debt) pass through securities backed by credit card receivables. Bloomberg Financial Dictionary * * * card card [kɑːd ǁ kɑːrd] noun [countable] 1. a small piece of plastic or paper that shows that someone… …   Financial and business terms

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