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Search Result:mortgage-backed security

mortgage-backed security   (TTS Sound)

Overview of noun mortgage-backed_security

The noun mortgage-backed security has 1 sense

  • 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)