Freddie Mac Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “Freddie Mac” in the English Dictionary

"Freddie Mac" in British English

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Freddie Macnoun

uk   us   /fred.iˈmæk/ trademark
Federal Home Loan Mortgage Corporation: a US ​governmentorganization that ​buys and ​sells loans (= ​money that has been ​borrowed) on the ​financialmarkets in ​order to ​raise more ​money to ​lend to ​homebuyers
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(Definition of Freddie Mac from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"Freddie Mac" in Business English

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Freddie Macnoun

uk   us   trademark FINANCE
short for Federal Home Loan Mortgage Corporation: a ​governmentorganization in the US that ​buys and ​sellsloans on the ​financialmarkets in ​order to ​raise more ​money to ​lend to ​homebuyers: Freddie Mac said the 15-year ​mortgageraterose to 8.46% from 8.45%.
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(Definition of Freddie Mac from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of Freddie Mac?
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