Transcription of SECURITIZATION AND STRUCTURED FINANCE - MasonLEC
{{id}} {{{paragraph}}}
Example: barber
SECURITIZATION AND STRUCTURED FINANCE - MasonLEC
SCHWARCZ_Encyclopedia of financial Globalization - Elsevier [ELSEVIER S encyclopedia OF financial GLOBALIZATION] SECURITIZATION AND STRUCTURED FINANCE 1 Steven L. Schwarcz2 SECURITIZATION or, as it is spelled in Europe, securitisation refers to a category of financing transactions in which companies sell rights to payment under mortgage loans, accounts receivable, lease rentals, or other types of income-producing financial assets to a trust or other special-purpose vehicle (an SPV, sometimes interchangeably called a special-purpose entity or SPE). The goal is to separate these assets from the risks generally associated with the company. The company then can use these assets to raise funds in the capital markets at a lower cost than if the company, with its associated risks, had borrowed the funds. A threshold question is how SECURITIZATION and STRUCTURED FINANCE differ, since the terms are often used interchangeably.
SCHWARCZ_Encyclopedia of Financial Globalization - Elsevier [ELSEVIER‘S ENCYCLOPEDIA OF FINANCIAL GLOBALIZATION] SECURITIZATION AND STRUCTURED FINANCE 1 Steven L. Schwarcz2 Securitization—or, as it is spelled in Europe, securitisation—refers to a category ... securitization is booked for accounting purposes as ―off-balance sheet ...
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
Related search queries
EBITDA - Wikipedia, the free encyclopedia, Encyclopedia, Accounting, Financial, Financial accounting, FULL- COST ACCOUNTING, Full-cost accounting, ENCYCLOPEDIA OF FINANCIAL ACCOUNTING, Financial Accounting Encyclopedia, Accounting and finance, The impact of accounting information on, FORM 10-K, Of Financial, Warren Buffett and Accounting in Favor of Investors, Financial Management, APA Reference Style Guide