The Universal Language of International Securitization
Author(s) -
Steven L. Schwarcz
Publication year - 2001
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.290010
Subject(s) - securitization , business , linguistics , financial system , philosophy
1 The company then can use these assets to raise funds in the capital markets 2 at a lower cost than if the com- pany, with its associated risks, had raised the funds directly by issuing debt or equity. The company retains the savings generated by these
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