Enterprise Fund

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Enterprise Fund

A government-owned fund that sells goods and services to the general public. Enterprise funds are common at the local level. They must abide by the same generally accepted accounting principles that private companies do.
References in periodicals archive ?
The system's finances are broken into two separate enterprise funds to promote transparency in accounting of the other communities' debt service and operational payments.
The new Enterprise Small Company Fund, as with all of The Enterprise Funds, is managed by a prominent outside institutional money manager who, through Enterprise, will provide special access to retail investors for their investment expertise at an investment minimum substantially below their usual minimum.
As with all Enterprise funds, the minimum initial investment in the new Enterprise Multi-Cap Growth and Balanced Funds is $1,000 for the Fund's Class A, B, and C shares.
In every interview, the main interest of serious readers--persons whose occupations require regular use of government financial reports--was on major individual operating funds and enterprise funds with material amounts of outstanding debt.
Current GASB standards call for the enterprise funds of governments to use the same generally accepted accounting principles (GAAP) applicable to their private-sector counterparts.
Scouring the county's trust funds, internal funds and enterprise funds to see if those typically set-aside monies could be used toward shortfalls in the county's general fund.
In our FMS business, we develop, market and sell a comprehensive suite of transaction reconciliation software products and services which allow our customers to optimize enterprise funds management and payment lifecycle management including account reconciliation and risk management functions for their receipts and payments transactions.
For example, the model now says enterprise funds may be used when a fee is charged to external users for goods or services.
Major fund reporting for internal service funds was prohibited because the GASB viewed the operations data of these funds as incorporated in the operations data of the various governmental funds and enterprise funds.
HSBC UK Enterprise Funds this week provided equity funding to their 200th company, bringing their total investment to just under #26 million.
To estimate the magnitude of the use of fee-supported services, we use percentages of enterprise funds revenue from total revenue which is a second dependent variable.
Over the last twenty years, the USAID Bureau for Europe and Eurasia has established ten Enterprise Funds covering 18 countries to sustain engagement beyond presence and strengthen development achievements.

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