Asset Securitisation Is the Creation of Securities Based on a Pool

question 51

True/False

Asset securitisation is the creation of securities based on a pool of underlying assets; and the value and income payments of the created securities are derived from the underlying assets.

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Definitions:

Photosynthesis

The process by which green plants, algae, and some bacteria convert light energy into chemical energy stored in glucose, releasing oxygen as a byproduct.

Chloroplast

An organelle found in plant and algae cells where photosynthesis takes place, converting light energy into chemical energy stored in glucose.

Thylakoid Membrane

A membrane-bound compartment inside chloroplasts and cyanobacteria responsible for the light-dependent reactions of photosynthesis.

Stroma

The supportive framework of a biological cell, tissue, or organ, or the fluid-filled inner space of chloroplasts in plants.