a bond secured by a mortgage on real estate or other property.
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Origin of mortgage bond
First recorded in 1885–90
Words nearby mortgage bond
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
Example sentences from the Web for mortgage bond
Cedula, sed′ū-l, n. a South American promissory-note or mortgage-bond on lands.