WEALTH MANAGEMENT GLOSSARY

FHLMC

FNMA

Face Value

Fair Market Value (FMV)

Federal Home Loan Mortgage Corporation

Federal National Mortgage Association

Fiduciary

Fixed Annuity

Fixed-Income Securities

Flower Bonds

Freddie Mac

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An individual or institution responsible for acting in the best interests of another party. A fiduciary is bound by law and duty to put aside personal interests and act in good faith when making decisions for the benefit of another.