单词 | mortgage-backed security |
释义 | mortgage-backed security mortgage-backed security noun [C] (abbr MBS)
(Finance ) a type of investment that represents a share in a group of mortgages (= loans to individuals or businesses to buy property) and that receives income from the payments made by the borrowers: With a mortgage-backed security, the bank acts as a middleman between the home buyer and the investment markets. |
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