Asset Backed Security (“ABS”)
A security which has the principal and interest payable solely from a set of other securities.
A letter from a purchaser of Bonds in a Private Placement typically acknowledging any transfer restrictions applicable to the Bonds and attesting to the purchaser’s eligibility to purchase the Bonds.
Learn more about the various documents involved in a municipal securities transaction.
A security which has the principal and interest payable solely from a set of other securities.