Search Result for "mortgage-backed security":
Wordnet 3.0

NOUN (1)

1. 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 (r) 3.0 (2006):

mortgage-backed security
    n 1: 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