Sentence examples for bundle receivables from inspiring English sources
Card issuers still have access to money, thanks to a securitization machine that allows them to bundle receivables and sell them as securities.
So the central bank's review will include a type of security common in the United States but not often seen in Japan: one backed by bundles of loans and receivables.
A bank on the receiving end of mortgage repayments or credit-card receivables can do something similar: bundle the loans up and sell them, or use them as collateral to get funding, which it can then use to issue more loans.
Bundling of debt, like credit card receivables or mortgage debt, called securitization, turns out to give banks a tax bonanza.
"They started from the other end entirely, asking how can we create CDOs, backed by mortgage-backed securities, themselves backed by collateral with barely any history, and their stress tests assumed house prices would be stable and the loans in the pools uncorrelated," says Mr Borod.Encouragingly, credit-card receivables are still being bundled and sold.
J. P. Morgan's customers have approximately $20 billion in credit card receivables outstanding, which have been bundled and sold to investors, Ms. Dublon said.
Our receivables are unbelievable.
Plus, you have no receivables.
They have very few receivables.
