origination
noun [ U ]
uk/əˌrɪdʒɪˈneɪʃən/ us 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.