CAR Definition

CAR is Certificate of Automobile Receivables; an asset backed security supported by automobile loan contracts.

Learn new Accounting Terms

DEBT TO TOTAL ASSETS RATIO measures the percentage of assets financed by all terms of debt, includes both current and long term debt.

DEPRECIATION RECAPTURE is a provision contained in the Internal Revenue Code that makes excess depreciation taken on real property subject to income tax upon the sale or disposition of the property.

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