Z Definition

Bookmark and Share

Z as the fifth letter of a Nasdaq stock symbol indicates that the listing is a fifth class of preferred, a stub, a limited partnership interest, second class of warrants, or foreign preferred upon issuance.

Learn new Accounting Terms

PERMANENT ACCOUNTS see REAL ACCOUNTS.

FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA) is a private corporation chartered by the U.S. Government to provide mortgage money for home buyers. FNMA buys mortgages from lenders and sells mortgages to investors. FNMA guarantees the timely payment of both interest and principal. Also known as "Fannie Mae".

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.