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What is a securitization?

What is a securitization? Here are some definitions.

Noun
  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.
  2. (counterterrorism) The act of taking visible countermeasures against terrorism.
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Examples
The first one is what types of securitization will remain off balance sheet?
Indeed, when junk bonds and risky securitization issues go wanting, such risky loans are increasingly funneled through asset-backed conduit programs.
That's been a boost to Asia's booming market for the securitization of commercial and government debt.
Financial innovation, such as mortgage securitization, was on balance beneficial and excesses were likely to be self-regulated.
Another issue related to securitization concerns the measure and concentration of risk that the banks involved in origination actually take on.
So, flush with cash from the power plant sales and the securitization, Judge went shopping.

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