Definify.com
Definition 2024
mortgage-backed_security
mortgage-backed security
English
Noun
mortgage-backed security (plural mortgage-backed securities)
- (finance) an asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans.
Related terms
- Acronym: MBS
Translations
an asset-backed security whose cash flows are backed by the principal and interest of a set of mortgage loans
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