- Origination
- The making of mortgage loans. The New York Times Financial Glossary
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1. FINANCE the process of arranging and supplying a loan, especially a mortgage (= loan for buying a house):• the loan origination and funding functions of banks
• An origination fee is generally charged.
2. the work involved in making something from the beginning through to the finished product:• How efficiently can our organization implement an idea from origination to commercialization?
• The group incurred heavy origination costs in developing its video catalogue.
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origination UK US /əˌrɪdʒɪˈneɪʃən/ noun [U]► BANKING, FINANCE the process of arranging a new loan or investment: origination fee/cost »The credit union announced that it would no longer charge an origination fee for loans.
»Profits from the mortgage origination business will probably slow in the near term.
► the process of starting or developing something, or causing it to happen: »Our business is product design and origination.
► the time or place at which something begins: »Drop-down boxes made it simple to pick origination and destination cities for the flight.
Financial and business terms. 2012.