a bond secured by a mortgage on real estate or other property.
Origin of mortgage bond
First recorded in 1885–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for mortgage bond
Historical Examples of mortgage bond
Cedula, sed′ū-l, n. a South American promissory-note or mortgage-bond on lands.