Reference Entry

mortgage-backed security

Jonathan Law

in A Dictionary of Business and Management

Fifth edition

Published in print January 2009 | ISBN: 9780199234899
Published online January 2009 | e-ISBN: 9780191726545
mortgage-backed security

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A *security in which cash flows derive from an underlying pool of mortgages. They are very widely used in the USA. ...

Reference Entry.  32 words. 

Subjects: Business and Management

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