mortgage security
71mortgage — n. & v. n. 1 a a conveyance of property by a debtor to a creditor as security for a debt (esp. one incurred by the purchase of the property), on the condition that it shall be returned on payment of the debt within a certain period. b a deed… …
72security interest — Interest in property obtained pursuant to security agreement. In re Wilson, Bkrtcy.Pa., 25 B.R. 61, 63. A form of interest in property which provides that the property may be sold on default in order to satisfy the obligation for which the… …
73mortgage-backed security — noun an asset backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans. See Also: MBS …
74Mortgage Participation Certificate — A type of security that groups together Freddie Mac conventional mortgages. These certificates are guaranteed by Freddie Mac and are taxable by federal, state and the local government. These certificates are also referred to as pass through… …
75mortgage — [14] Mortgage means literally ‘dead pledge’. It comes from Old French mortgage, a compound formed from mort ‘dead’ and gage ‘pledge’ (source of English gage and closely related to English wage). The notion behind the word is supposedly that if… …
76mortgage — mort•gage [[t]ˈmɔr gɪdʒ[/t]] n. v. gaged, gag•ing 1) lawg bus a conveyance of an interest in property as security for the repayment of money borrowed 2) bus the deed by which such a transaction is effected 3) bus the rights conferred by it, or… …
77mortgage — [14] Mortgage means literally ‘dead pledge’. It comes from Old French mortgage, a compound formed from mort ‘dead’ and gage ‘pledge’ (source of English gage and closely related to English wage). The notion behind the word is supposedly that if… …
78security — A stock certificate, bond, or evidence of secured indebtedness. Anno: 47 ALR2d 229. A share of stock. Anno: 52 ALR 1098 (term as used in a will). A stock, bond, or other contract wherein an investment is made for the purpose for securing income… …
79security margin — margin, gross margin, net margin, security margin, variation margin (1) An amount of cash or collateral that a buyer or borrower must provide in excess of value owed to that buyer or borrower by a seller, lender or depositor. Ensures performance… …
80mortgage-backed security — 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… …
