General Mortgage Bond

Business, Legal & Accounting Glossary

Definition: General Mortgage Bond


Quick Summary of General Mortgage Bond


In the US, this refers to a bond that is secured by a blanket mortgage on the issuing company’s property, though it may be outranked by one or more other mortgages.




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General Mortgage Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/general-mortgage-bond/ (accessed: September 16, 2021).
American Psychological Association (APA):
General Mortgage Bond. PayrollHeaven.com. Retrieved September 16, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/general-mortgage-bond/

Definition Sources


Definitions for General Mortgage Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 4 Views.