问题如下:
Which of the following best describes the cash flow that owners of credit card receivable asset-backed securities receive during the lockout period?
选项:
A.No cash flow
B.Only principal payments collected
C.Only finance charges collected and fees
解释:
C is correct.
During the lockout period, the cash flow that is paid out to owners of credit card receivable asset backed securities is based only on finance charges collected and fees.
题目里的owner应该是inventor,owner不是持卡人嘛,那是付费方