securitize
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English
[edit]Etymology
[edit]From security (“tradeable financial asset”) + -ize.
Verb
[edit]securitize (third-person singular simple present securitizes, present participle securitizing, simple past and past participle securitized)
- (finance) To convert assets or claims (typically outstanding loans or other receivables) to securities, usually by selling them with a discount to a financial intermediary, which pools them with other similar assets and sells further as securities to third-party investors.
- 2020, Katharina Pistor, “4: Minting Debt”, in The Code of Capital […] , Princeton University Press, →ISBN:
- Once the private sector had discovered securitization, it securitized any claim imaginable, from residential mortgages to receivables for products and services from cars to credit cards and student loans; the original policy goal of lowering the costs of credit for homeowners gave away to minting as much private money (or debt) as investors demanded.
Derived terms
[edit]Translations
[edit]to convert assets to securities
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