Freddie Mac


noun
  1. a publicly traded security that represents participation in a pool of mortgages guaranteed by the Federal Home Loan Mortgage Corporation.

Origin of Freddie Mac

1
1970–75; from the initials FHLMC, on the model of Fannie Mae

Words Nearby Freddie Mac

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

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