Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “Pfandbrief”

Pfandbrief

noun [C]
 
 
/ˈpfændbriːf/ (plural Pfandbriefe)
FINANCE in Germany, a type of bond that is based on money earned from mortgages invested in other financial products: Pfandbriefs are issued by mortgage banks and are considered the safest non-government bond in Germany.
(Definition of Pfandbrief from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of Pfandbrief?
Add Cambridge dictionaries to your browser to your website

Word of the Day

look on the bright side

to find good things in a bad situation

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More