一、特殊目的机构对资产证券化的意义从“证券化”这个术语见诸《华尔衔日报》,资产证券化这项融资手段就已经成为了20世纪70年代以来一项重要的金融创新,进而改变了传统的投融资体制。由于证券化的产生背景和发展阶段不同以及观察者角度的各异,证券化、资产证券化和结构性融资(structuredfinance)三个术语常被交替使用,形成了在资产证券化内涵众说纷纭的复杂局面,无论是实务 First, the special purpose of the meaning of asset securitization From the “securitization” is the term “Waldorf title daily”, asset securitization of this means of financing has become an important financial since the 1970s Innovation, and thus changed the traditional investment and financing system. Securitization, securitization and structured finance are often used interchangeably because of the different background and stages of securitization and different perspectives of the observers, forming a complex situation with diversified connotation of securitization , Whether it is practice