MORTGAGE BOND Definition

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MORTGAGE BOND is a bond in which the issuer has granted the bondholders a lien against the pledged assets.

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PRODUCER PRICE INDEX (PPI) measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.

EARNED INCOME is that income realized by the provisioning of goods and services.

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