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Securitised Receivables

In: Off Balance Sheet Finance

Author

Listed:
  • Ron Paterson

Abstract

Securitisation is a process whereby finance can be raised from external investors by enabling them to invest in parcels of specific financial assets. Domestic mortgage loans are so far the most common type of assets to be securitised in the United Kingdom, but in principle the technique can readily be extended to other assets, such as credit card receivables, other consumer loans, lease receivables and so on.

Suggested Citation

  • Ron Paterson, 1993. "Securitised Receivables," Palgrave Macmillan Books, in: Off Balance Sheet Finance, chapter 11, pages 85-93, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12613-2_11
    DOI: 10.1007/978-1-349-12613-2_11
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