GINNIE MAE Definition

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GINNIE MAE see GOVERNMENT NATIONAL MORTGAGE ASSOCIATION.

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PRODUCT is: a. the end result of the manufacturing process, b. commodities offered for sale, or c. an artifact that has been created by someone or some process.

CUSTODIAN BANK is the bank that acts a custodian to a mutual fund. Does not manage anything, just holds the cash and securities and does the clerical.

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