Examlex
The process of clinical assessment involves
Securitization
The process of pooling various types of contractual debt such as mortgages or loans and selling them as consolidated financial instruments to investors.
Transferred Receivables
The act of selling accounts receivable to another party, often for the purpose of immediate cash flow improvement.
Securities
Financial instruments that represent an ownership position in a publicly-traded corporation, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.
Discounted With Recourse
A financing arrangement where the seller is liable to the buyer for any debts or obligations not fulfilled, with the key aspect being the discount given on future receivables.
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