What is the meaning of conduit?

(1) industry term for a firm through which mortgages flow. The company issues mortgage-backed securities based on mortgage loans it buys from a number of primary lenders. (2) a type of roll-over IRA used by individuals to transfer all or any part of a lump-sum distribution from one retirement plan to another retirement plan. (3) any intermediary between a lender and an investor.

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APABarry Goldsmith. (2010). conduit. Retrieved September 20, 2026, from http://smartdefine.org/conduit/definitions/1150490
ChicagoBarry Goldsmith. 2010. "conduit" http://smartdefine.org/conduit/definitions/1150490 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, conduit, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/conduit/definitions/1150490>.
MLABarry Goldsmith. "conduit" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/conduit/definitions/1150490>
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