Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “Freddie Mac”

Freddie Mac

noun     trademark FINANCE
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)
Focus on the pronunciation of Freddie Mac

Definitions of “Freddie Mac” in other dictionaries

Word of the Day

closeness

the quality of knowing someone very well, liking them a lot, and wanting to spend a lot of time together

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More