mortgage-backed security

Definition of "mortgage-backed security"
  1. An investment that's supported by a group of mortgage loans whose payments form the return on investment for individuals who put money into these securities
How to use "mortgage-backed security" in a sentence
  1. The financial advisor suggested investing in a mortgage-backed security for a steady return.
  2. He sold his stake in the mortgage-backed security when he suspected a housing market crash.
  3. Mortgage-backed securities can be considered as a stable option for risk-averse investors.

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