Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “mortgage bond”

mortgage bond

noun [C]     FINANCE
a type of bond that is protected by a mortgage on property that can be sold, if necessary, to pay back the bond: mortgage bond market/trader Mortgage bond traders said they haven't seen any rush to sell today.
(Definition of mortgage bond noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of mortgage bond

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

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