securitize
English
editEtymology
editFrom security (“tradeable financial asset”) -ize.
Verb
editsecuritize (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
editTranslations
editto convert assets to securities
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