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Definition of mortgage-backed

"mortgage-backed" is probably misspelled. Trying mortgage-backed_security instead Definition of mortgage-backed_security

1. mortgage-backed_security [ n ] a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public; investors receive a portion of the interest payments as well as the principal payments; usually guaranteed by the government

Synonyms mortgage-backed_security Related Terms security

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