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Ginnie Mae

[jin-ee] /ˈdʒɪn i/
noun, Finance.
a bond or certificate sold by the Government National Mortgage Association.
Origin of Ginnie Mae
1970-75; formed from the initials GNMA; cf. Fannie Mae Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Word Origin and History for Ginnie Mae

1970, fleshed out in the form of a fem. proper name, from GNMA, acronym of Government National Mortgage Association.

Online Etymology Dictionary, © 2010 Douglas Harper
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Slang definitions & phrases for Ginnie Mae

Ginnie Mae

noun phrase

A government agency that buys Federal Housing Administration loans from lenders and sells shares to investors

[1970+; formed from the initials GNMA, Government National Mortgage Association]

The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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