securitization

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.Examples: "Securitization became a fee-based business. […] The logic of private-label securitization was mass production, and new mortgages had to be fed into this machine constantly to sustain it."countableuncountable

2. (politics) The act of convincing a relevant audience to treat a topic as a matter of security (regardless of whether it constitutes an actual threat), thus justifying the use of extraordinary measures.Examples: "2004, Kristof Tamas, Mapping Study on International Migration, Inst for Future Studies The negative side-effects of securitization of migration have, however, become exacerbated as many Muslims in the U.S. and elsewhere have experienced heightened scrutiny and disbelief while travelling and in everyday life."; "The strength of the belief generated what Buzan terms a securitization effect , whereby irrespective of whether or not a material threat exists, something is constructed as a threat, with this understanding being accepted by a wide and/or specifically relevant audience."; "The emphasis on the securitization of immigration actually began before September 11 and has resulted in policy change towards criminalizing undocumented immigrants in both the United States and Europe."countableuncountable