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Definition of

mortgage-backed security

Stockholding & Investments

security backed by mortgages a security for which the collateral is the principal and interest on a set of mortgages

Recommended Further Reading (Term count)
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Definitions of ’mortgage-backed security’ and meaning of ’mortgage-backed security’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’mortgage-backed security’ and other financial terms with our online QFINANCE Financial Dictionary.

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