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Certificates for Amortizing Revolving Debts (CARDS)

Certificates for Amortizing Revolving Debts (CARDS) definition - business

Certificates for Amortizing Revolving Debts (CARDS)

A special type of asset-backed debt security collateralized by credit card balances.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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