Monoline insurance



noun

a type of insurance for securities and bonds to cover the interest and principal when an issuer defaults; also called monoline
Examples

In 2007, amid a housing market decline, monoline insurers suffered losses from insurance of structured products backed by residential mortgages.
Word Origin

1971

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  • Monoline insurer

    /ˈmɒnəʊˌlaɪn/ noun 1. an insurer who undertakes to repay the principal and interest on a bond should the issuer default Also called monoline insurance company

  • Monolingual

    [mon-uh-ling-gwuh l or, Canadian, -ling-gyoo-uh l] /ˌmɒn əˈlɪŋ gwəl or, Canadian, -ˈlɪŋ gyu əl/ adjective 1. knowing or able to use only one language; monoglot. 2. spoken or written in only one language. noun 3. a monolingual person. /ˌmɒnəʊˈlɪŋɡwəl/ adjective 1. knowing or expressed in only one language noun 2. a monolingual person



  • Monolingualism

    [mon-uh-ling-gwuh l or, Canadian, -ling-gyoo-uh l] /ˌmɒn əˈlɪŋ gwəl or, Canadian, -ˈlɪŋ gyu əl/ adjective 1. knowing or able to use only one language; monoglot. 2. spoken or written in only one language. noun 3. a monolingual person. /ˌmɒnəʊˈlɪŋɡwəl/ adjective 1. knowing or expressed in only one language noun 2. a monolingual person

  • Monolith

    [mon-uh-lith] /ˈmɒn ə lɪθ/ noun 1. an obelisk, column, large statue, etc., formed of a single block of stone. 2. a single block or piece of stone of considerable size, especially when used in architecture or sculpture. 3. something having a uniform, massive, redoubtable, or inflexible quality or character. /ˈmɒnəlɪθ/ noun 1. a large block […]



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