This section allows cross-market comparisons.
Glossary Definition
Securitization

A financial process in which a corporate entity packages designated pools of loans or receivables with an appropriate level of credit enhancement and redistributes the packages to investors. Investors buy the repackaged assets in the form of securities or loans, which are collateralized (secured) by the underlying pool and its associated income stream. Securitization converts illiquid assets into readily negotiable assets.