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Tranche

One of an array of related securities (security issues), each of which is characterized by different return patterns, cash flows,...

    Structured Finance

    The pooling and repackaging of economic assets such as loans, bonds, and mortgages, in order to reallocate risks and obtain...

      Securitization

      A type of structured finance that involves the pooling of assets (or specific types of assets such as receivables) for...