mortgage-backed security
Noun
Meaning
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 on the mortgages as well as the principal payments; usually guaranteed by the government
Source: WordNetSynonyms
bond
debt instrument
commercial paper
certificate of deposit
convertible bond
callable bond
collateralized debt obligation
loan debentures
asset-backed security
credit instrument
derivative contract between two parties
exchangeable bond
collateralized bond obligation
commodity option
credit derivative
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