Federal Open Market Committee (FOMC)

Business / Finance / Federal Open Market Committee (FOMC): A publicly owned, government-sponsored corporation chartered in 1938 to purchase mortgages from lenders and resell them to investors. Known by the nickname Fannie Mae, it packages mortgages backed by the Federal Housing Administration, but also sells some nongovernment-backed mortgages.

Other Words for Committee

Committee Verb Synonyms: council, board, cabinet, panel, body, commission
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Other Words for Market

Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
Market Verb Synonyms: market-place, exchange, Stock Exchange
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Other Words for Open

Open Adjective Synonyms: ajar, gaping, agape, unfastened, unlocked, unbarred, unbolted, unlatched, unclosed
Open Verb Synonyms: unblock, clear, unobstruct, unclog, unstop
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Open (Good-Till-Cancelled) Order (GTC Order)

Business / Finance / Open (Good-Till-Cancelled) Order (GTC Order): Order to buy or sell a security that stays active until it is completed or the investor cancels it. MORE

Open (Protected) Motor

Technology / Motors / Open (Protected) Motor: A motor having ventilating openings which permit passage of external cooling air over and around the windings. The term 'open machine', when applied to large apparatus without qualification, designate MORE

Open

Entertainment / Basketball / Open: When a player is unguarded by a defender. MORE

One-Way Market

Business / Finance / One-Way Market: (1) A market in which only one side, the bid or asked, is quoted or firm. (2) A market that is moving strongly in one direction. MORE

Office Of Federal Contract Compliance (OFCCP)

Business / Human Resources (HR) / Office Of Federal Contract Compliance (OFCCP): Division of the Employment Standards Administration in the Department of Labor responsible for enforcing three statutes for federal contractors and subcontractors: Executive Order No. 11246, the Rehab MORE

On The Opening Order

Business / Finance / On The Opening Order: A market order that is to be executed at the price of the first trade of the day. MORE

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