Glossary
ABS (Asset Backed Security) (Titres Adossés à des Actifs)
Bonds or notes backed by pools of financial assets, originated by banks and others credit providers. Examples of such assets include credit card receivables, trade receivables, and auto-loans.
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Arbitrage
Arbitrage is a technique used by professionals to take advantage of "abnormal" price differences between two stock markets or between a theoretic price and the current price.
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