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Meaning of mortgage-backed security | Babel Free

Noun CEFR B2

Definitions

An asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans.

Equivalents

Deutsch hypothekenbesichertes Wertpapier

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

mortgageability Mortgaged Mortgagee Mortgagees mortgageor Mortgager