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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

Fiduciary 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.

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