Definition of "monolines" [monolines]

• Plural form of monoline. (noun)

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• "I'm no expert on the matter - and wow, if that isn't an understatement - but a few months back the Journal ran a story on how Merrill Lynch continued to keep peddling those bundles of mortgage-backed securities called collateralized debt obligations (CDOs) after AIG and other so-called "monolines" - not that it kept them out of trouble!"
• "His attempt to break up the so-called monolines may have generated headlines, but the hoopla will likely end there."
• "Bond insurers -- also known as monolines because they have just one line of business -- offer investors a way to recoup their money if their bonds fail."