A structure that allows the lessor to transfer lease receivables to a special purpose vehicle (SPV) in the form of a loan. The SPV then issues bonds to the investors and the receivables are pledged as collateral.
PAY-THROUGH SECURITIZATION
Meaning of PAY-THROUGH SECURITIZATION in English
Finance-Leasing English vocabulary. Английский словарь финансов и лизинга. 2012