Federal Housing Finance Board (FHFB)

Definition:

US government agency chartered in 1989 to assume the responsibilities formerly held by the Federal Home Loan Bank system.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Performance shares

Shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria.

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