What is the meaning of mortgage-backed security?

Subtopics: MBS, MBS 

noun

  • 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. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). mortgage-backed security. Retrieved September 23, 2026, from http://smartdefine.org/mortgage-backed_security/definitions/1242890
ChicagoWordNet. 2010. "mortgage-backed security" http://smartdefine.org/mortgage-backed_security/definitions/1242890 (accessed September 23, 2026).
HarvardWordNet 2010, mortgage-backed security, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/mortgage-backed_security/definitions/1242890>.
MLAWordNet. "mortgage-backed security" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/mortgage-backed_security/definitions/1242890>
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