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所谓证券化，通常是指以证券进行融资，包括债务融资证券化和资产证券化。抽象地概括证券化就是将一个非证券的或不如证券更具流动性的有价物转化为证券并上市交易的行为。具体到房地产证券化就是把流动性较低的、非证券形态的房地产投资直接转化为资本市场上的证券资产的金融
The so-called securitization, usually refers to the financing of securities, including debt financing securitization and asset securitization. The abstract generalization of securitization is the conversion of a non-securities or less valuable than the more liquid securities into securities and trading on the market. Specific to the real estate securitization is to lower liquidity, non-securities real estate investment directly into the capital market, the securities of financial assets