asset-backed fund

(redirected from Asset-Backed Funds)
Also found in: Financial.

asset-backed fund

n
(Banking & Finance) a fund in which the money is invested in property, shares, etc, rather than being deposited with a bank or building society
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References in periodicals archive ?
A fully decentralized capital marketplace, it democratizes investing by using the power of the blockchain to open up high-return, alternative investment classes to smaller investors through asset-backed funds using cryptocurrency tokens.
Building on its asset management platform and the success of its asset-backed funds, DIB plans to continue rolling out new funds.
Masood will primarily be responsible for our asset-based financing business, including asset-backed funds, especially in areas where we are leveraging our investments.