Home » Dictionary » monoline

monoline

monoline
 n.— «Only 13 companies belong to MICA. They are the closely regulated “monoline” mortgage insurance firms that only guarantee mortgage loans, with state laws forbidding them to enter any other insurance business.» —“Escrow Losses Could Hamper Private Issuers” by David LaGesse in New York City American Banker Feb. 13, 1985. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Minor Planets (episode #1639)

There are eight major planets, but more than a million minor ones, including asteroids. If you discover one, you get the honor of naming it. The Dictionary of Minor Planet Names includes minor planets named for rock bands, jazz musicians, poets, and...

When I See the Night Sky, I Am Reminded of Homework

One of the celestial bodies listed in The Dictionary of Minor Planet Names(Amazon) is called Sumaura. It’s the name of the oldest private elementary school in Kobe, Japan, and was suggested by the discoverer’s son. This is part of a...