értékpapírosított

Értékpapírosított is a Hungarian term that translates to "securitized" in English. It refers to the process of transforming illiquid assets, such as mortgages, auto loans, or other receivables, into marketable securities that can be traded on financial markets. This process involves pooling a group of similar assets and then issuing new securities that represent claims on the cash flows generated by these underlying assets.

The primary goal of securitization is to convert assets that are not easily traded into liquid financial instruments. This can benefit the originators of the assets by allowing them to raise capital more readily and transfer the associated risks to investors. Investors, in turn, gain access to a wider range of investment opportunities and can diversify their portfolios. The securities issued through securitization are typically divided into different tranches, each with varying levels of risk and return, allowing investors to choose according to their risk appetite. Common examples of securitized products include mortgage-backed securities (MBS) and asset-backed securities (ABS). The market for securitized products plays a significant role in modern finance, providing liquidity and facilitating credit creation.