Agency that guarantees payment of the goods sold and receive an additional commission (del credere agent).
Asset Allocation is investment strategy by allocating certain portion of assets and quality to each asset in order to balance expected risks and returns, according to the investment horizon and investor risk profile.
Asset Under Management or AUM is the total fund or wealth of a mutual fund that is calculated on the market value of the assets managed by the investment manager on behalf of the investor.
Asset Backed Securities is a stock portfolio consisting of financial asset in the form of claims that appear from commercial letter, credit card bills, future receivable, a set of debts, loans including house or apartment ownership, debt securities guaranteed by the government, credit or cash flow, and equal financial asset and other financial assets related to those financial assets
These financial assets that have been compiled into one, makes small and invaluable assets become valuable, and with that diversification can lower the risk. The securitization of these assets makes these assets as an investment vehicle for investors.