What is securitization?
Credit derivative
What is securitization?
Credit Default Swaps for Dummies: Part III - Securitization
Securitization
is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which ...
https://en.wikipedia.org/wiki/Securitization
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Asset Backed Credit Default Swap - ABCDS Definition
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