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mortgage bond

noun
1.
a bond secured by a mortgage on real estate or other property.
Origin
1885-1890
1885-90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for mortgage bond
  • When it comes to the commercial- mortgage bond market these days, location is everything.
  • The fears behind mortgage bond-gate might be real after all.
  • But if borrowers pay back their loan quicker than anticipated, then the mortgage bond is paid off sooner.
  • The rumor has slowed down the already weak market for mortgage bond investing.
  • The result is a less risky, less volatile investment than any individual junk mortgage bond.

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12
15
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