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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 Free Delivery Free Receipt

Fixed-Income Securities Debt obligations issued by corporations, governments, or government agencies, which pay a fixed rate of interest over a specific time period. Bonds and certain mortgage-backed securities are the most common examples of fixed-income investments.

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