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  • word of the day

    mortgage-backed security

    mortgage-backed security - 365bet中国官方网站 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.
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