What is another word for mortgage-backed security?
Pronunciation: [mˈɔːɡɪd͡ʒbˈakt sɪkjˈʊ͡əɹɪti] (IPA) 
Mortgage-backed security (MBS) is commonly used in the financial industry, but there are several other synonyms that can be used to refer to this type of investment. One such term is asset-backed security (ABS), which encompasses any security that is backed by assets such as mortgages, credit card debt, or car loans. There is also collateralized mortgage obligation (CMO), which is a type of MBS that is divided into different tranches that are then sold to investors. Another term is residential mortgage-backed security (RMBS), which specifically refers to MBS that are backed by residential mortgages. Finally, there is commercial mortgage-backed security (CMBS), which refers to MBS that are backed by commercial mortgages on properties such as office buildings or malls.
