CAR Definition

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

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FOREIGN CORRUPT PRACTICES ACT (1977) is a United States federal law that is primarily known for its two main provisions: one that deals with accounting transparency requirements of issuers required to report under the Securities Exchange Act of 1934 and one that deals with bribery of foreign officials.

DEFERRED CREDITOR see DEFERRED INCOME.

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