The process by which an issuer creates a financial instrument by combining other financial assets into a security and then marketing different tiers of the repackaged instruments to investors. The process can encompass any type of financial asset and promotes liquidity in the marketplace.
Printed copy · Anthology Volume 9, page 353Printed copy from The Tender For Law Anthology, Volume 9, page 353 (printed 13 June 2014). Added by this site; not part of the Facebook export.