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Glossary of the 1993 SNA - Definition of Term

Term	Securitisation
Definition	Securitisation is the process of issuing new negotiable securities backed by existing assets such as loans, mortgages, credit card debt, or other assets (including accounts receivable).
Paragraphs	11.75.

It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.

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