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Freddy Mac

British  
/ ˈfrɛdɪ mæk /

noun

  1. (in the US) an informal name for the Federal Home Loan Mortgage Corporation, a private company that buys and sells mortgage debt

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of Freddy Mac

C20: altered from the initials FHLMC; influenced by Fannie Mae

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

There are multiple programs through Fannie Mae and Freddy Mac, as well as tax deductions.

From Seattle Times • Oct. 22, 2021

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