Securitization: Money
iMinds
ene 2009 · iMinds Pty Ltd
Libro electrónico
2
Páginas
reportLas calificaciones y opiniones no están verificadas. Más información
Acerca de este libro electrónico
"Securitization as a financial term has evolved over the decades, as different methods and products have developed from the process. At a basic level, securitization is the process of taking an illiquid asset, or a group of relatively homogenous assets, and through financial engineering, transforming them into a security. The assets are pooled together and repackaged into a single security, which is then sold to investors. The security entitles them to the incoming cash flows and other economic benefits generated by the asset pool. Securitization originated in the late 1980's in the form of both mortgage backed securities and asset backed securities. There are many similarities between securitization and secured lending, or asset backed lending. In secured lending, the lender requires the borrowing firm to commit specific assets of that firm as security or collateral for the loan. A securitization differs from this process in several ways. In a securitization, the cash flow generated by the asset pool can be employed to support investing in other securities. Rather than relying on the sale or the use of current assets as a guarantee to finance their investment, a firm can use the receivable income expected from its current assets to generate income immediately. The end result of the securitization is that a firm can obtain funding without having to borrow anything, but through the sale of income receivable assets to investors"--Pub. website.
Califica este libro electrónico
Cuéntanos lo que piensas.
Información de lectura
Smartphones y tablets
Instala la app de Google Play Libros para Android y iPad/iPhone. Como se sincroniza de manera automática con tu cuenta, te permite leer en línea o sin conexión en cualquier lugar.
Laptops y computadoras
Para escuchar audiolibros adquiridos en Google Play, usa el navegador web de tu computadora.
Lectores electrónicos y otros dispositivos
Para leer en dispositivos de tinta electrónica, como los lectores de libros electrónicos Kobo, deberás descargar un archivo y transferirlo a tu dispositivo. Sigue las instrucciones detalladas que aparecen en el Centro de ayuda para transferir los archivos a lectores de libros electrónicos compatibles.
