Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
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noun
An asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Synonyms: MBS
Antonyms: none provided
noun
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
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
Broader terms: security, certificate
History
No etymology was provided for this word.
Across languages
3 source translations are retained for this English entry.
