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AGENCY SECURITIES – Securities issued by U.S. Government agencies, such as the Federal Home Loan Bank. These securities have high credit ratings but are not backed by the full faith and credit of the U.S. Government.

ASSET – Anything owned that has value; any interest in real property or personal property that can be used for payment of debts.

ASSET BACKED SECURITIES – Financial instruments collateralized by one or more types of assets including real property, mortgages, and receivables.