The process of converting an asset or pool of assets (or debt) into marketable securities in order to sell them to investors. The value and cash flows of the new security (financial instrument) are based on the underlying value and cash flows of the assets. Companies will securitize illiquid assets in order to increase their overall liquidity and generate immediate proceeds from their assets.
glossary
1. A financing or investment instrument issued by a company or government agency that denotes an ownership interest and provides evidence of a debt, a right to share in the earnings of the issuer, or a right in the distribution of a property. 2. An asset pledged to guaranty the repayment of a loan, satisfaction of an obligation, or in compliance with an agreement.
1. A sole proprietor or partner in a partnership to whom the legal requirements under a contract of employment do not apply. He or she may employ others. These individuals obtain their own work or sales and pay their own expenses. 2. The process of earning a living through using one’s own capital, knowledge, intelligence, efficiency and taking a risk.
A perception associated with stimulation of a sense organ or with a specific bodily condition.
A perception associated with stimulation of a sense organ or with a specific bodily condition.
The neurophysiological processing of stimuli from the environment. Includes all senses: hearing, vision, taste, smell, etc.