Government Sponsored Enterprise

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Government Sponsored Enterprise

A privately held or publicly traded company created by the U.S. Government for some purpose thought to benefit the American economy. For example, Freddie Mac was originally a GSE created to encourage homeownership among middle class and working class Americans. Because it is "sponsored" but not owned by the government, GSE stocks carry higher risk than, say, Treasury securities, which are backed by the full faith and credit of the United States. However, GSEs have an implicit guarantee that the government will not allow them to fail. Indeed, when Fannie Mae and Freddie Mac collapsed in 2008 they almost instantly received federal assistance.
References in periodicals archive ?
'While there are so far more than 809,000 beneficiaries of TraderMoni, over 1.1 million Nigerians: market women, traders, artisans, and farmers are presently beneficiaries of Government Enterprise and Empowerment Programme (GEEP).
Bhargavan - as the general manager of Kerala Clays and Ceramics Products, a state government enterprise.
AROUND 100 jobs in the revamped Assembly government enterprise department will be based in North Wales.
InformationWeek, in conjunction with Network Computing and Optimize magazines, all produced by CMP Media (Manhasset, NY), will begin the publication of Government Enterprise magazine with an issue in March.
SSP-Litronic, the government enterprise division of data security provider SSP Solutions Inc.
The CFO Act and regulations implemented since then have raised the value of the CFO in the government enterprise. As government is expected to be more accountable, the processes and procedures an effective CFO puts in place are critical.
Akande said in his release, 'While there are so far more than 809,000 beneficiaries of TraderMoni, over 1.1 million Nigerians: market women, traders, artisans, and farmers are presently beneficiaries of Government Enterprise and Empowerment Programme (GEEP).
and its diplomatic corps via a responsive, technically refreshed and secure global DTS network," said Bob Kennedy, vice president of government enterprise services at CSC.
The ongoing programme, which is among the exciting opportunities for Nigerians created by the Nigerian Federal Government early this year with a target of over two million traders across the 36 states in the country where N10, 000 loans through Government Enterprise and Empowerment Programme (GEEP) will be given to petty traders.
Buysense.com will support breakthrough performance for the eCommerce-enabled next generation government enterprise."
Alhaji Gold said that Professor Osinbajo would officially launch the Government Enterprise and Empowerment Programme (GEEP) MarketMoni, which was designed to serve as a one-stop shop for Micro, Small and Medium Enterprises (MSMEs) in the State.
It had passed the committees on government enterprises and ways and means since Garcia filed it on July 12, 2016.

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