a structured finance transaction in which a party owning a pool of cash-flow producing financial assets (the “originator”) sells the assets to a Bankruptcy Remote Vehicle (the “issuer”) that then sells Securities to investors secured by those assets. In a Securitization transaction, the transfer of the pool of assets from the originator to the issuer is designed to be a true sale rather than a financing so that if the originator goes Bankrupt, the assets of the Issuer will not be distributed to the originator’s creditors.
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