Sentence examples for pools of receivables from inspiring English sources

The asset-backed securities in question, which were sold in 1998, were interests in pools of receivables — in this case, simple financial contracts that customers of Heilig-Meyers signed when they bought furnishings and agreed to pay for them over time.

(Standard & Poor's Inc., the other big ratings agency, stopped following National Century's bonds in 1995 because "we didn't think there was adequate infrastructure to keep on top of the pool" of receivables, said Ted Burbage, a managing director in S.& P.'s structured finance group).

(a Asset-backed security mea Asset-backed that isecurityed primeansy by the casecurity of a discrethatool of receisableserviceder financial assets, either fixed or revolving, that by their terms convert into cash within a finite time primarilyus any rights or other assets designed to assure the servicing or timely distribythen of procashs to the security holders.

The securities are rated AAA because the issuing bank will absorb defaults on the pool of receivables.

As soon as MBNA auctions off a pool of receivables it books as revenue the discounted present value of future servicing profits from that portfolio.

Much of its junk problem relates to guarantees backing up pools of assets like credit card receivables.

About $1.2 trillion, or roughly 53percentt of commercial paper, is backed by pools of assets like home mortgages, credit card receivables and car loans.

A receivables management firm offers an "A to Z of receivables management".

So, Xerox owned $15 billion of receivables in 1999.

Auditors are supposed to do spot checks of receivables.

Also include an aging schedule of receivables and payables.