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Federal Agricultural Mortgage Corporation (Farmer Mac)

Definition:

A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.

Investing Essentials


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

Term of the Day

Married put

A put option bought at the same time as its underlying securities in order to hedge the price paid for the securities.

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