What is meant by the "depositor" in a securitization?
What will be an ideal response?
In the prospectus for a two-step securitization, the intermediate SPV is referred to as the depositor. An intermediate SPV is a wholly owned subsidiary of the originator and has restrictions on its activities.It is the intermediate SPV that purchases the assets from the originator. The intermediate SPV then sells the assets to the SPV that issues the asset-backed securities.
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A) price policy B) retail margin C) atmospherics D) segmentation E) targeting
In the ________ phase of international product life cycle theory, knowledge about how to produce the product is widespread and manufacturing becomes straightforward
A) temporary monopoly B) introduction C) standardization D) maturity