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What is a securitization?

What is a securitization? Here are some definitions.

Noun
  1. (commerce, finance) The fact or process of securitizing assets; the conversion of loans into securities, usually in order to sell them on to other investors.
  2. (counterterrorism) The act of taking visible countermeasures against terrorism.
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Examples
However, securitization may not get a lender completely off the hook in the eyes of credit analysts.
But the cost of securitization is greater than the cost of sourcing funds in the inter-bank and retail deposit markets.
If mortgage securitization is snake oil, then it was snake oil that was patented and marketed by the U. S. government.
Structured finance, or securitization, has become the grease that keeps capital markets spinning.
That's been a boost to Asia's booming market for the securitization of commercial and government debt.
Indeed, when junk bonds and risky securitization issues go wanting, such risky loans are increasingly funneled through asset-backed conduit programs.

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