transitive verb | \ si-ˈkyu̇r-ə-ˌtīz \ | se·cur·i·tize
  1. : to convert (assets) into securities typically by transferring them (as by sale) to a special trust, partnership, or corporation that issues them as securities with a resulting reallocation or reduction of risk and increase in liquidity for the company (as a bank) acting as the sponsor of the transaction — see also asset-backed security at security