A security doesn't require a common enterprise, it simply requires that one thing represents an interest in something else. True, it even works with past and f

A security doesn't require a common enterprise, it simply requires that one thing represents an interest in something else. True, it even works with past and future music royalties. David Bowie (together with his financial manager and an investment banker) was probably the first to come up with securisation of non-tangible assets.[1] It's a fascinating story. [1] https://www.bbc.com/news/business-35280945 https://www.bbc.com/news/business-35280945