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What is a securitisation?

What is a securitisation? Here are some definitions.

Noun
  1. Alternative spelling of securitization
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Examples
During 2009, Banque Accord carried out a transaction involving the securitisation of part of its revolving credit portfolio.
Lack of securitisation possibilities is the principal reason that credit has dried up now.
The recent law on securitisation creates potential for an entirely new family of products.
In particular where credit risk is transferred by securitisation, investors should make their decisions only after conducting thorough due diligence, for which they need adequate information about the securitisations.
It has turned out that it was the regulated sector that had been allowed to run amok with little understood securitisation vehicles.
The group also manages financial arrangements in partnership with its clients' banks via securitisation operations.

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