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Meaning of “Fannie Mae” in the English Dictionary

"Fannie Mae" in British English

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Fannie Maenoun

uk   /fæn.i ˈmeɪ/  us   /fæn.i ˈmeɪ/ trademark
Federal National Mortgage Association: a US government organization that buys and sells loans (= money that has been borrowed) on the financial markets in order to raise more money to lend to home buyers
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(Definition of Fannie Mae from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"Fannie Mae" in Business English

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Fannie Maenoun

uk   us   US FINANCE
short for Federal National Mortgage Association: an official organization in the US that buys and sells loans in order to raise money to lend to house buyers. Fannie Mae was taken under Federal government control in 2008: The US treasury injected $15 billion of capital into Fannie Mae and Freddie Mac to stem the crisis at America’s biggest mortgage firms.
[C, usually plural] a bond that is issued by Fannie Mae
(Definition of Fannie Mae from the Cambridge Business English Dictionary © Cambridge University Press)
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“Fannie Mae” in Business English

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