principle. n. 1. a standard or rule of personal conduct: a man of principle. 2. (often plural) a set of such moral rules: he'd stoop to anything; he has no principles. 3. adherence to such a moral code; morality: it's not the money but the principle of the thing; torn between principle and expediency. 4. a fundamental or general truth or law: first principles. 5. the essence of something: the male principle.
Definition of asset availability: State of an asset in which it is available and ready to be put to its designed or intended use. Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
What is an 'Asset-Backed Security - ABS' An asset-backed security (ABS) is a financial security collateralized by a pool of assets such as loans, leases, credit card debt, royalties or receivables. For investors, asset-backed securities are an alternative to investing in corporate debt. An ABS is similar to a mortgage-backed security, except that the underlying securities are not mortgage-based.