Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun mortgage-backed_security

1 sense of mortgage-backed security

Sense 1
mortgage-backed security -- (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)
       => security, certificate -- (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends; "he held several valuable securities")