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

Keep in mind, mortgage bonds respond favorably to bad news, which in turn helps keep interest rates low.

Finally, it looks as though mortgage bonds may have caught a break.

Currently, mortgage bonds are smack in the middle of a trading range and, depending on how the wind blows, could drop to the lower support level, which would cause rates to move even higher.

Inflation is the enemy of mortgage bonds and added supply doesn’t help matters any.

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

Word of the Day

gallimaufry

[gal-uh-maw-free ]

Meaning and examples

Start each day with the Word of the Day in your inbox!

By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.

Advertisement

Advertisement

Advertisement


mortgagemortgagee