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net exposed assets. Definition. The difference between the exposed assets subtracted from exposed liabilities. These assets can refer to market values or book values. A business is long in currency if its net exposed assets are positive, i.e. the exposed assets are greater than their exposed liabilities. A business is short in currency if its net exposed assets are negative.
An asset-backed security is sometimes used as an umbrella term for a type of security backed by a pool of assets, and sometimes for a particular type of that security â one backed by consumer loans or loans, leases or receivables other than real estate.