mortgage-backed security (n)

n13340244

type n
lex_filenum 21
def a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public
def investors receive a portion of the interest payments on the mortgages as well as the principal payments
def usually guaranteed by the government
Outgoing links
Hypernym security, certificate
Incoming links
Hyponym security, certificate

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