Freddie Mac
noun trademark FINANCEDefinition
› short for Federal Home Loan Mortgage Corporation: a government organization in the US that buys and sells loans on the financial markets in order to raise more money to lend to home buyers: Freddie Mac said the 15-year mortgage rate rose to 8.46% from 8.45%. → See also Fannie Mae
(Definition of Freddie Mac noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Browse the Thesaurus
Our dictionaries
Browse the Dictionary
Word of the Day
throw caution to the wind/winds
to do something without worrying about the risk or negative results
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
