Meaning of the word origination in English

What does origination mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

origination

UK /əˌrɪdʒɪˈneɪʃən/

Noun

the process of arranging a new loan or investment:

Example:
The credit union announced that it would no longer charge an origination fee for loans.