Wiktionary (0.00 / 0 votes) Rate this definition: ignorant (Adjective). Unknowledgeable or uneducated; characterized by ignorance. ignorant (Adjective). Ill-mannered, crude. His manner was at best off-hand, at worst totally ignorant.
1 Megabyte (MB), a measure of amount of information used, for example, to quantify computer memory or storage capacity. 2  Megabit (Mb, or properly: Mbit), a measure of amount of information.  MikroBitti (formerly MB), a Finnish computer magazine.
DEFINITION of 'Mortgage-Backed Security (MBS)'. A type of asset-backed security that is secured by a mortgage or collection of mortgages. These securities must also be grouped in one of the top two ratings as determined by a accredited credit rating agency, and usually pay periodic payments that are similar to coupon payments.