Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
The modern mechanism of asset securitisation: the economic content of basic categories
Available online: 10 August 2010 Subject Heading: FINANCE MANAGEMENT JEL Classification:
The article presents the results of research into the economic nature of asset securitisation. The term «securitization» is defined. Three fundamental approaches to the interpretation of the term «asset securitization», namely the dynamic, legal, and economic ones, are isolated through an analysis of the notion's definitions. We discuss three crucial components of the term «asset securitization», which are refinancing, risk management, and liquidity management. These components form the foundation of our interpretation of the term «asset securitization». We also offer a classification of asset securitisation basic principles. Keywords: securitisation, asset securitisation, financial market, securities, crediting |
ISSN 2311-8709 (Online)
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