mortgage-backed security(redirected from Mortgage Pass Through Securities)
Also found in: Thesaurus, Financial.
Related to Mortgage Pass Through Securities: Agency Pass-Through Securities
Switch to new thesaurus
|Noun||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|
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.