What does XKK mean in NYSE SYMBOLS
Lehman ABS Corporation 8.00 Corning (LAC8C) is an abbreviation that represents a type of financial security issued by Lehman Brothers in 2008. This security was backed by assets such as residential mortgages, credit card debt and commercial loans. LAC8C provided investors with a stable investment opportunity during the 2008 financial crisis and is still traded actively today.
XKK meaning in NYSE Symbols in Business
XKK mostly used in an acronym NYSE Symbols in Category Business that means Lehman ABS Corporation 8.00 Corning A
Shorthand: XKK,
Full Form: Lehman ABS Corporation 8.00 Corning A
For more information of "Lehman ABS Corporation 8.00 Corning A", see the section below.
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Essential Questions and Answers on Lehman ABS Corporation 8.00 Corning A in "BUSINESS»NYSESYMBOLS"
What does LAC8C represent?
LAC8C stands for Lehman ABS Corporation 8.00 Corning, which is a type of financial security issued by Lehman Brothers in 2008.
What types of assets are backed by LAC8C securities?
The assets used to back LAC8C securities include residential mortgages, credit card debt and commercial loans.
How has the value of LAC8C securities changed since it was first issued?
The value of LAC8C securities has been relatively stable since its initial issuance in 2008. It continues to be actively traded today, though its value may fluctuate depending on market conditions.
Who issues these types of securities?
Lehman Brothers originally issued these types of securities in 2008, though other firms may have since taken up this practice as well.
Is investing in LAC8C secutires risky?
Investment in any security carries some risk; however, due to its backing by different types of assets, investing in LAC8C securites may be less risky than investing in other types of securities with fewer asset-backed options.
Final Words:
Lehman ABS Corporation 8.00 Corning (LAC8C) is an abbreviation representing a type of financial security initially issued by Lehman Brothers during the 2008 financial crisis which provides investors with a relatively safe investment option backed by multiple types of assets such as residential mortgages, credit card debt and commercial loans that are still actively traded today.