Sallie Mae

Business / Taxes / Sallie Mae: This corporation purchases student loans from various lenders, such as banks, and packages the loans as bonds or short-term or medium-term notes. After issue, these debt securities trade on the secondary market. Sallie Mae guarantees repayment of the bonds and notes, and uses the money it raises through the sale of these securities to provide additional loan money for post-secondary school students. Sallie Mae also arranges financing for state student loan agencies. Its shares trade on the New York Stock Exchange (NYSE).


Entertainment / Literature / Maenad: Also known as bacchae or thyiads, maenads were female worshippers of Dionysus or Bacchus. In the mystery cult of Dionysus, worshippers would get drunk on wine and then undergo an all-night process of MORE


Science / Tides and Currents / Maelstrom: Famous whirlpool off the coast of Nor-way in the Lofoten Islands between Moskenesoy and Mosken. MORE


Life Style / Tea / Kyogamae: method of holding the hishaku as if looking into a hand-held mirror MORE