In the medical field, "abs" can also be understood as the abbreviation of "abdominal muscle contraction". This kind of action helps to strengthen abdominal muscles, enhance the stability of body core, and has a good effect on treating low back pain symptoms, preventing sports injuries and improving sports table.
In the financial field, "abs" can also refer to "asset-backed securities". This is a debt tool, which packages a package of assets (such as housing mortgage loans, car loans, etc.). ) into securities, investors can buy these securities to get income. ABS has become an important tool in the financial market because of its low refinancing cost, high liquidity and low guarantee requirements.