Securitisation lets the transferring company turn receivables on its balance sheet into funding. Whether the transfer leads to derecognition depends on the derecognition rules in TFRS 9.
Source: 6362 sayılı SPKn, SPK Varlık veya İpoteğe Dayalı Menkul Kıymetler Tebliği
Related terms
Debt instrumentBonds, bills and similar capital market instruments through which the issuer undertakes to pay investors principal and interest at a set maturity.Financial instruments (TFRS 9)The standard governing the classification, measurement and impairment of financial assets and liabilities, and hedge accounting.RefinancingRepaying existing debt with new financing, usually on more favourable terms.Authorised capital systemA system under which the board may increase capital up to a ceiling set in the articles of association without a general assembly resolution.Bonus issueIssuing shares to shareholders by adding a company's internal resources (reserves, retained earnings, capital adjustment differences) to its capital.Book-buildingThe process in an IPO of collecting investors' share purchase orders over set days and allocating them under the distribution rules.
Last updated: November 8, 2026 · This definition is for general information only.