Advertisement

Advertisement

mortgage bond

noun

  1. a bond secured by a mortgage on real estate or other property.


Discover More

Word History and Origins

Origin of mortgage bond1

First recorded in 1885–90

Discover More

Example Sentences

And if you think any of this will happen, I have a wonderful mortgage bond to sell you.

A first mortgage bond is one secured by first mortgage on the company's property.

Cedula, sed′ū-l, n. a South American promissory-note or mortgage-bond on lands.

"Or a consolidated first-mortgage bond," remarked the Bibliomaniac.

Advertisement

Advertisement

Advertisement

Advertisement