Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “mortgage-backed”


adjective     FINANCE
used to describe an investment , especially a bond , in which the money that is used to pay back mortgages is used to pay interest on the investment : The mortgage-backed securities market could be heavily affected by mortgage refinancing.
(Definition of mortgage-backed adjective from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of mortgage-backed

More Business English definitions for “mortgage-backed”

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More