- originate
- originate o‧rig‧i‧nate [əˈrɪdʒneɪt] verb1. [transitive] FINANCE to arrange and supply a loan, especially a mortgage (= loan for buying a house):
• Commercial banks originated 42% of all mortgages last year compared with 32% the previous year.
• The bank has reached an agreement with the banking regulator on the types of loans it may originate.
2. [intransitive] to start in or come from a particular place or situation:originate in/from/with• the country from which the currency originates
• The flight had originated in New York and refueled in Alaska.
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originate UK US /əˈrɪdʒəneɪt/ verb► [I] to come from a particular place, time, situation, etc.: originate in »Although the technology originated in the UK, it has been developed in the US.
originate at »This flight originated at Los Angeles airport and is continuing to Boston and then Madrid.
originate from sb/sth »They are studying complaints believed to have originated from retailers.
► [T] to start something or cause it to happen: »We plan to improve our marketing program using ideas originated by our customers.
► [T] FINANCE to arrange a new loan or investment : »A mortgage broker matches borrowers with lenders but does not originate or service mortgages.
Financial and business terms. 2012.