Nugget

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Nugget

A 15 year Gold FHLMC (Freddie Mac) bond; similar to a Dwarf.

Nugget

Mortgage-backed security pools, issued by Freddie Mac, with maturities of 15 years. See also: Dwarf.
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References in classic literature ?
'If you stay, I'll show you the biggest nugget that is the father of all other nuggets.' 'How big?' I asked.
"That's what those kangaroo-hunters call a nugget," boomed over my shoulder directly at the largest of the specimens.
"What's the matter with it as a nugget?" I demanded.
If a really big nugget, or nugget- finder, elects to blush unseen--"
And the Kiondiker threw down his pelts and nuggets as dross, and let his jaw fall half-way, and stared at her.
Gaily, roaringly, irresistibly, in jolly-good-fellow style, we dragged him from the restaurant to a cafe, stuffing his pockets with his embalmed birds and indigestible nuggets.
And then we had him carted to a distant small hotel and put to bed with his nuggets and baby seal-skins stuffed around him.
Each day they worked earned them thousands of dollars in clean dust and nuggets, and they worked every day.
"Then the murderer, or whoever it was, first took off this ring you call the nugget ring, then the wedding ring, and afterwards put the nugget ring back again."
That, however, will surprise you the less when I pause to declare that I have paid as much as four shillings and sixpence for half a loaf of execrable bread; that my mate and I, between us, seldom took more than a few pennyweights of gold-dust in any one day; and never once struck pick into nugget, big or little, though we had the mortification of inspecting the "mammoth masses" of which we found the papers full on landing, and which had brought the gold-fever to its height during our very voyage.
To give birth to an idea--to discover a great thought--an intellectual nugget, right under the dust of a field that many a brain--plow had gone over before.
"I should melt it down into a nugget, and bring it home from the U.S.A.