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Asset Securitization
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markets. This is becoming the option of choice for many financial institutions today because it can be done quickly and appears to be a less expensive method of dealing with loan demand. Since its development in the late 1980s, asset securitization has become a permanent fixture in the capital structure of many corporations. The degree of utilization of asset securitization in a country seems to go hand in hand with that of financial market maturity.
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