Securitization
Securitization
Engineering glossary
Regulation
Definition of securitization
A method of refinancing stranded costs, or utility debt, at lower interest rates, cutting the total cost of the debt. Retail customers will pay for stranded costs through the Competitive Transition Charge on their electric bills.
Source : http://www.utilityami.org/docs/Utility%20AMI%20Glossary_Compiled_041306.xls
link: http://www.utilityami.org/
Second source: Texas Choice Energy Services Web site Glossary
Author : not indicated on the source document of the above text
Engineering glossary
Engineering glossary index of terms
Definition and meaning of securitization
Meaning of securitization
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