Popular Wordlists
RECENT SEARCHES
Top Searched Words
  • word of the day

    mortgage-backed security

    mortgage-backed security - Dictionary definition and meaning for word mortgage-backed security

    Definition
    (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

Word used in video below:
text: We're really backed up in there.
Download our Mobile App Today
Receive our word of the day
on Whatsapp