mortgage bond definition
A bond (long-term debt) that is secured by a lien on real estate.
A bond (long-term debt) that is secured by a lien on real estate.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.