Securitisation
The process of creating an investment that is secured against an underlying illiquid asset or group of assets. For example, debt from mortgages could be packaged together and the related securities could then be traded in the market.
The process of creating an investment that is secured against an underlying illiquid asset or group of assets. For example, debt from mortgages could be packaged together and the related securities could then be traded in the market.
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