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mortgage bond
noun
- a bond secured by a mortgage on real estate or other property.
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Word History and Origins
Origin of mortgage bond1
First recorded in 1885–90
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Example Sentences
And if you think any of this will happen, I have a wonderful mortgage bond to sell you.
From The Daily Beast
A first mortgage bond is one secured by first mortgage on the company's property.
From Project Gutenberg
Cedula, sed′ū-l, n. a South American promissory-note or mortgage-bond on lands.
From Project Gutenberg
"Or a consolidated first-mortgage bond," remarked the Bibliomaniac.
From Project Gutenberg
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