TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

COLLATERALIZED SECURITY ENTITY [1 record]

Record 1 2014-06-04

English

Subject field(s)
  • Finance
  • Commercial and Other Bodies (Law)
DEF

A corporation, usually a subsidiary company, set up to acquire fixed yield securities, the acquisition being financed by an issue of the corporation's own bonds.

OBS

When the acquired securities are mortgage-backed securities or mortgage loans, such bonds are referred to as "collateralized mortgage obligations."

French

Domaine(s)
  • Finances
  • Organismes commerciaux ou non (Droit)
DEF

Entité à laquelle l'initiateur d'une opération de titrisation cède des créances, par exemple des prêts hypothécaires, l'entité finançant l'acquisition des créances par l'émission de titres qui sont représentatifs de ces créances et négociables sur le marché des capitaux.

OBS

Parmi les divers types de structure d'accueil, on trouve la fiducie de titrisation (securitization trust) et le groupement de créances ou fonds commun de créances (pool of receivables).

Spanish

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