Freddie Mac™ // noun

(Finance )

1 [sing.] (abbr FHLMC)

in the US, the Federal Home Loan Mortgage Corporation, a private company supported by the government that supplies money for mortgages:

Freddie Mac sold a total of $3 billion of one-month bills on Monday.

Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970.

2 [C, usually pl.]

the bonds that are issued by Freddie Mac:

Freddie Macs with a yield of 4.10%

FANNIE MAE, GINNIE MAE

• public issue
• publicist
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• publicity stunt
• publicize
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• public liability
• public limited company
• publicly-held
• publicly traded
• public offering
• public-private
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• public relations
• public sale
• public sector
• public sector borrowing requirement
• public servant
• public service
• public service vehicle
• public spending
• public transport
• public warehouse
• public works
• publish