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securitization vehicle

Defined in 1 dictionary — U.S. Code

United States Code

15 U.S.C. § 1639A — as used in this section

the term “securitization vehicle” means a trust, special purpose entity, or other legal structure that is used to facilitate the issuing of securities, participation certificates, or similar instruments backed by or referring to a pool of assets that includes residential mortgages (or instruments that are related to residential mortgages such as credit-linked notes).