Legal glossary
“securitisation”
Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · s. 2
(z) "securitisation" means acquisition of financial assets by any[2] [asset reconstruction company] from any originator, whether by raising of funds by such[2] [asset reconstruction company] from 3[qualified buyers] by issue of security receipts representing undivided interest in such financial assets or otherwise; 1* * * * *
Read section 2