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Defenition of the word mortgage-backed security

    • Defenition of the word mortgage-backed security

      • a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public; investors receive a portion of the interest payments on the mortgages as well as the principal payments; usually guaranteed by the government
      • a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public; investors receive a portion of the interest payments on the mortgages as well as the principal payments; usually guaranteed by the g

    Hypernyms for the word mortgage-backed security

      • certificate
      • security

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