住宅ローン担保証券

a security whose value is based on a bundle of mortgages

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 guaranteed by the government

複数の住宅ローンをまとめて証券化し、他の金融機関や一般に販売される証券。投資家は、住宅ローンの利息支払いや元本返済の一部を受け取り、通常は政府によって保証される。