FHLMC Definition

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FHLMC see FEDERAL HOME LOAN MORTGAGE CORPORATION.

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EQUITY NET CASH FLOWS is those cash flows available to pay out to equity holders (in the form of dividends) after funding operations of the business enterprise, making necessary capital investments, and reflecting increases or decreases in debt financing.

CAPTIVE DISTRIBUTOR is one held under control of another but having the appearance of independence; especially: owned or controlled by another concern and operated for its needs rather than for an open market.

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