是贷款抵押债券、债券抵押债券和房产抵押贷款债券的一般名称。
An asset-back security which uses a portfolio of bonds or loans as collateral, or security.
ABX指数，衡量的是那些互换对象为与高风险抵押贷款证券紧密相联的债券的金融互换，在今年的前三个月跌去了超过四分之一。 （译者注：这句子翻译的哦。。。
The ABX index, whichrepresents a basket of credit swaps on bonds tied to high-risk mortgages, fellmore than a quarter in the first three months of the year.
你可能会说，美国房地产，是与市政债券保险公司完全不同，但是当房地产行业开始衰退，人们就开始对抵押贷款违约。
The housing sector in the United States, you might say, is completely different from municipal bond insurers; but when the housing sector starts going down, people start defaulting on their mortgages.
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