TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

covered bond [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2014-06-10

English

Subject field(s)
  • Investment
  • Stock Exchange
DEF

A bond backed by assets such as mortgage loans ...

CONT

Covered bonds are backed by pools of mortgages that remain on the issuer's balance sheet, as opposed to mortgage-backed securities such as collateralised mortgage obligations (CMOs), where the assets are taken off the balance sheet.

French

Domaine(s)
  • Investissements et placements
  • Bourse
DEF

Titre obligataire assorti d’une garantie, qui est émis par une institution financière pour refinancer des créances, généralement des prêts immobiliers ou des prêts au secteur public, et qui figure comme tel dans la comptabilité de l’émetteur.

OBS

obligation sécurisée : terme et définition publiés au Journal officiel de la République française le 5 juin 2014.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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