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Farmer Mac – Federal Agricultural Mortgage Corporation – (FAMC)

DefinitionThe Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, publicly traded company that was chartered by the United States federal government

Fat Cat

Fat Cat What is 'Fat Cat' A slang word used to describe executives who earn what many believe to be unreasonably high salaries and bonuses. These top executives also receive generous pensi

Foreclosure

DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the

Fed Speak

Fed Speak What is 'Fed Speak' A phrase used to describe former Federal Reserve Board Chairman Alan Greenspan's tendency to make wordy statements with little substance. Many analysts felt t

Wash Trading

Wash Trading What does 'Wash Trading' mean Wash trading refers to buying shares through one broker and selling the shares through another broker. Wash trading is not legal, as it is perfor

Wall Street

Wall Street What is 'Wall Street' Wall Street is a street in lower Manhattan that is the original home of the New York Stock Exchange and the historic headquarters of the largest U.S. brok

Wasting Trust

Wasting Trust What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name from the fact that its assets get depleted over tim

Wash Sale

DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or after. Wash sale regulations protect against an inves

Wealth Management

DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-ne

National Association Of Mortgage Brokers (NAMB)

Home Ownership by Country National Association Of Mortgage Brokers (NAMB) What is 'National Association Of Mortgage Brokers - NAMB' An association that represents the interests of mortgage
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