Freddie Mac (Federal Home Loan Mortgage Corporation)

Freddie Mac (Federal Home Loan Mortgage Corporation)m Corporation created by Congress charter that buys residential mortgages from S&Ls, mortgage bankers and banks in the secondary market. These are then sold in the capital markets after securitization. … [Read more...]

Free Cash Flows

Free Cash Flows Funds that are not needed for operations or reinvestment. Earnings before interest (present in income statement along with operating income) minus capital expenditures minus the working capital change. … [Read more...]

Free Float

Free Float Also termed clean float. Exchange rate system wherein there is no government intervention. … [Read more...]

Free on Board

Free on Board Concept that price of goods coming in from other economies includes cost of transport and handling performed up to the customs frontier in the country where they originated. … [Read more...]

Free Reserves

Free Reserves A Federal Reserve term that denotes excess reserves less borrowings by member banks. … [Read more...]

Free Rider

Free Rider An investor who prefers to follow the lead of another with respect to assessing the most profitable course of action to avoid the expense incurred in such analysis. … [Read more...]

Freeze Out

Freeze Out Also termed ‘squeeze out’. Action originated by majority shareholders of a firm that forces minority holders to sell their stake. Different kinds of maneuvers fall within this category. For example, cancellation of dividends. … [Read more...]

Frequency Distribution

Frequency Distribution Assimilation and regulation of data to demonstrate the frequency with which certain values or value range appear. … [Read more...]

Friction Costs

Friction Costs Implied and/ or direct costs that are associated with transactions. Include time, tax impact, effort, costs of information gathering and completing the processes. … [Read more...]

Frictions

Frictions Processes involved in completing transactions such as information gathering, buying stocks etc. Includes delays and expenditure in terms of time, money, tax payable and effort. … [Read more...]

Full Faith-and-Credit Obligations

Full Faith-and-Credit Obligations Security pledges that give unconditional promise to pay. Normally used with larger municipal bond issuers like governments that can draw funds from many different sources. … [Read more...]

Full Coupon Bond

Full Coupon Bond Bond whose coupon equals the prevailing market rate. In other words, the bond can currently be sold at par value. … [Read more...]

Fully Paid Shares

Fully Paid Shares Company issued shares wherein no more money is outstanding from shareholders on the share value. On share issue, the shareholders pay a specified amount for owning those shares. When the company has received in full the amount due from shareholders, the shares are … [Read more...]

Front Fee

Front Fee Split-fee option contract fee paid during initial stages by a buyer. … [Read more...]

Full Price

Full Price Alternatively: dirty price. Also refer related term: flat price. Bond price that includes accrued interest. … [Read more...]

Full-Payout Lease

Full-Payout Lease Refer: financial lease. Long term rental agreements that cannot be cancelled. … [Read more...]

Full-Service Lease

Full-Service Lease Alternatively: rental lease. Lease wherein lessor makes a promise to undertake all expenses relating to maintenance and insurance of the leased equipment or machinery. … [Read more...]

Fully Diluted Earnings per Shares

Fully Diluted Earnings per Shares The earnings per share when it is considered that all convertible securities or warrants that are outstanding are exercised. … [Read more...]

Fully Modified Pass-Throughs

Fully Modified Pass-Throughs Refer: modified pass-throughs. Agency pass-throughs, which come with a guarantee of timely payment. … [Read more...]

Functional Currency

Functional Currency According to U.S. accounting standard, the currency used by the primary economic environment wherein an affiliate earns and spends cash is that affiliate's functional currency. … [Read more...]