English version

Pfandbrief

From Longman Business DictionaryPfandbriefPfand‧brief /ˈfændˌbriːf, ˈpfænt-/ noun (plural Pfandbriefe /-briːfə/) [countable]FINANCE a type of bond issued in Germany which is supported by income from MORTGAGEs (=loans for buying property) and debt from industries and services owned by the government SYN FANDPfandbriefe are starting to feature more in the portfolios of European fund managers.
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