An organization that serves a public purpose and is closely tied to federal and/or state government, but is not a government agency. Many instrumentalities are private companies, and some are chartered directly by state or federal government. Instrumentalities are subject to a unique set of laws that shape their activities.

Fannie Mae, Ginnie Mae, Freddie Mac and Sallie Mae are all federal instrumentalities. So are many other financial services organizations, including the Federal Reserve Banks, national banks, commercial banks, most thrifts, most credit unions and insurance companies.

Investment dictionary. . 2012.


Look at other dictionaries:

  • instrumentality — in·stru·men·tal·i·ty /ˌin strə mən ta lə tē, ˌmen / n pl ties 1: something through which an end is achieved or occurs damages incurred in a single incident through an instrumentality owned by the employer 2: something that serves as an… …   Law dictionary

  • Instrumentality — In stru*men*tal i*ty, n.; pl. {Instrumentalities}. The quality or condition of being instrumental; that which is instrumental; anything used as a means; medium; agency. [1913 Webster] The instrumentality of faith in justification. Bp. Burnet.… …   The Collaborative International Dictionary of English

  • Instrumentality — can refer to any of the following:* The quality or condition of being instrumental * The third studio album to be released by Toronto emcee Ill Eagle. * The theory of Instrumentalism in the philosophy of science * The philosophical concept of… …   Wikipedia

  • instrumentality — *mean, agent, agency, instrument, medium, organ, vehicle, channel Analogous words: *work, labor, toil: *effort, exertion, trouble, pains: *power, energy, force, might: *action, deed, act …   New Dictionary of Synonyms

  • instrumentality — [in΄strə men΄tal′ə tē] n. pl. instrumentalities 1. the condition, quality, or fact of being instrumental, or serving as a means 2. a means or agency …   English World dictionary

  • Instrumentality — (Roget s Thesaurus) < N PARAG:Instrumentality >N GRP: N 1 Sgm: N 1 instrumentality instrumentality Sgm: N 1 aid aid &c. 707 Sgm: N 1 subservience subservience subserviency Sgm: N 1 mediation mediation intervention medium …   English dictionary for students

  • instrumentality — noun /ɪnstɹʊmɛnˈtalɪti/ a) The quality or condition of being instrumental; serving a purpose, being useful. In a later vision the Saviour revealed to her in detail the ‘great design’ which he wished to establish through her instrumentality. b) A… …   Wiktionary

  • instrumentality — An agency, a means of accomplishment. See dangerous instrumentality; federal instrumentality …   Ballentine's law dictionary

  • instrumentality — I (New American Roget s College Thesaurus) Means to an end Nouns 1. instrumentality; instrument, aid; subservience, subserviency; vehicle, hand, expedient (see plan); means, agency. 2. (means) stepping stone; [master or skeleton] key, latchkey,… …   English dictionary for students

  • instrumentality — instrumental ► ADJECTIVE 1) serving as a means of pursuing an aim. 2) (of music) performed on instruments. 3) relating to an implement or measuring device. ► NOUN ▪ a piece of music performed by instruments, with no vocals. DERIVATIVES… …   English terms dictionary

  • instrumentality — noun (plural ties) Date: 1651 1. the quality or state of being instrumental 2. means, agency …   New Collegiate Dictionary

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