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单词 ginnie mae
释义

Ginnie Maen.

Brit. /ˌdʒɪnɪ ˈmeɪ/, U.S. /ˌdʒɪni ˈmeɪ/
Forms: 1900s– Ginnie Mae, 1900s– Ginnie May, 1900s– Ginny Mae, 1900s– Ginny May.
Origin: From proper names. Etymons: proper names Ginnie, Ginny, Mae, May.
Etymology: < the female forenames Ginnie (also Ginny) and Mae (also May), after the initial letters of Government National Mortgage Association (see below), on the model of Fannie Mae n. Compare slightly later Sallie Mae n., Freddie Mac n.
U.S. Finance.
The Government National Mortgage Association, a U.S. government agency established in 1968 as part of the restructuring of the Federal National Mortgage Association (cf. Fannie Mae n.), which guarantees securities backed by government-insured mortgages and administers housing assistance programmes. Also: a security guaranteed by this agency.A proprietary name in the United States.
ΘΚΠ
society > trade and finance > financial dealings > moneylending > [noun] > one who lends money > a (type of) loan-society
loan-society1835
credit union1843
credit agency1861
Fannie Mae1948
Ginnie Mae1968
Sallie Mae1970
Freddie Mac1971
society > authority > rule or government > ruler or governor > a or the government > government department or agency > [noun] > U.S. government department or agency > specific
Navy Department1779
State Department1790
Indian bureau1824
Bureau of Indian Affairs1826
department of state1890
consumer unit1933
Foggy Bottom1947
state1952
U.S.I.A.1953
Ginnie Mae1968
1968 Las Vegas Sun 25 Feb. 31/1 Tentative legislation has been drafted which would partition the Federal National Mortgage Association into two corporations—Fannie Mae and Ginnie Mae—the first ‘privately-owned’ and the latter government-owned.
1968 Wall St. Jrnl. 5 Mar. 34/2 The special programs, covering such things as housing in urban renewal areas and for the elderly, would be transferred to a new ‘little sister’ institution to be known as the Government National Mortgage Association, or ‘Ginnie Mae’.
1978 A. H. Walsh Public's Business v. 134 The New York State Mortgage Agency, known in financial circles as Sonny Mae, stepbrother to the federally sponsored Fanny Mae and federally owned Ginny Mae.
1991 Banker Sept. 8/2 The bank sells some $15 million a month of highly liquid, government-guaranteed Ginny Maes and other asset-backed paper to American mums and dads who usually hold them until they expire after up to 30 years.
2002 St. Louis (Missouri) Post-Dispatch (Electronic ed.) 7 July c1 Denzler has the American Century Ginnie Mae Fund..in her personal 401(k) plan. Its bonds are backed by thousands of ordinary home-mortgage payments.
This entry has been updated (OED Third Edition, June 2017; most recently modified version published online March 2022).
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n.1968
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