SECURITIZATION is the process of creating a pass-through, such as the mortgage pass-through security, by which the pooled assets become standard securities backed by those assets. Also, refers to the replacement of non-marketable loans and/or cash flows provided by financial intermediaries with negotiable securities issued in the public capital markets.
PRODUCTION is the creation of value or wealth by producing goods and services.
CONSUMMATE is to bring to completion or fruition; conclude, e.g., consummate a business transaction.
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