SECURITIZED
23
Scrabble
25
WWF
S(1) E(1) C(3) U(1) R(1) I(1) T(1) I(1) Z(10) E(1) D(2)
NWL/TWL ✓ Collins ✓ WWF ✓
Definition
verb
- To convert assets (typically outstanding loans or other receivables) to securities, usually by selling them with a discount to a financial intermediary, which pools them with other similar assets and sells further as securities to third-party investors.
adjective
- Made into a security.
Source: Wiktionary
