Fannie Mae

or Fanny Mae


noun
  1. any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.

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Origin of Fannie Mae

1
Altered from FNMA, the association's initials

Words Nearby Fannie Mae

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

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British Dictionary definitions for Fannie Mae

Fannie Mae

/ (ˈfænɪ meɪ) /


noun
  1. (in the US)an informal name for the Federal National Mortgage Association, a private company that buys and sells mortgage debt

Origin of Fannie Mae

1
C20: altered from the initials FNMA

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012