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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
However, securitization may not get a lender completely off the hook in the eyes of credit analysts.
Indeed, when junk bonds and risky securitization issues go wanting, such risky loans are increasingly funneled through asset-backed conduit programs.
Financial innovation, such as mortgage securitization, was on balance beneficial and excesses were likely to be self-regulated.
That's been a boost to Asia's booming market for the securitization of commercial and government debt.
The Company remains exposed to certain risks of default on the amount of receivables under securitization.
Our mortgage securitization activities also help to ensure there is an ample supply of low-cost funding for housing.

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