securitize
Is it a Scrabble word? See definition, points, and words you can make.
Is securitize a Scrabble word?
Word Games
- Scrabble US/Canada (OTCWL) Yes
- Scrabble UK (SOWPODS) Yes
- Wordle No
- Words With Friends Yes
What is the meaning of securitize?
Definition
verb (English)
1. (finance) To convert assets or claims (typically outstanding loans or other receivables) to securities, usually by selling them with a discount to a financial intermediary, which pools them with other similar assets and sells further as securities to third-party investors.Examples: "Once the private sector had discovered securitization, it securitized any claim imaginable, from residential mortgages to receivables for products and services from cars to credit cards and student loans; the original policy goal of lowering the costs of credit for homeowners gave away to minting as much private money (or debt) as investors demanded."
Definition source: Wiktionary