Securitization

[Gregory]

A proposal for issuing bonds that would be used to buy down existing power contracts or other obligations. The bonds would be repaid by designating a portion of future customer bill payments. Customer bills would be lowered, since the cost of bond payments would be less than the power contract costs that would be avoided.

[Lizzy Liz]

The conversion of an asset, especially a loan, into marketable securities, typically for the purpose of raising cash by selling them to other investors.

[Mark Zuckerberg]

to borrow money in the form of bonds which can then be traded on financial markets: