1 definition by Pissed Off Old Dude

certifiction

a certificate of fictional worth.

"No where does the story mention their biggest exposure: that they gave multiple certifications to the investors in the mortgage securtizations that they did indeed have the trust assets." from: nakedcapitalism.com

I'm sure any losses are covered by the certifiction.

by Pissed Off Old Dude November 11, 2010