package mortgage
noun
a mortgage which covers a house or building, the lot, and large items of personal property such as furniture, kitchen appliances, etc.
package mortgages
-
pluralof package mortgage.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
But when the US housing market took off in the later 1990s and derivatives again were used to package mortgages to sell to investors -- supposedly to dilute the risk -- the Fed sat back.
From Barron's ● Jun. 22, 2026
In the second rule, Dodd-Frank also required banks that package mortgages and other assets into securities hold a portion of the risk themselves, under the theory that this requirement will discourage risky behavior.
From The Wall Street Journal ● Jan. 3, 2012
An estimated half the mortgages written are now package mortgages.
From Time Magazine Archive
