Freddie Mac Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “Freddie Mac” in the English Dictionary

"Freddie Mac" in British English

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Freddie Macnoun

uk   /fred.i ˈmæk/ us   /fred.i ˈmæk/ trademark
Federal Home Loan Mortgage Corporation: 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 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 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%.
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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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