In speaking or writing about securitization and structured finance transactions, participants use many terms, some of which are familiar but have special meanings in the context of these types of transactions and others of which are unique to this field. This glossary sets forth brief explanations of some of the more commonly used terms. However, it does not include ubiquitous terms that are used in many other types of corporate finance transactions (such as “interest rate,” “SEC,” “Securities Act,” and “Exchange Act”).

This glossary is a handy reference to easy-to-understand definitions based on the “jargon, lingo, and lore” of securitization and structured finance transactions developed by experts in the field.

This glossary was published by the Securitization and Structured Finance Committee, ABA Business Law Section.