Government Sponsored Enterprise

(redirected from Government-owned corporations)

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 ?
Aside from the annual block grant, BTC Commissioner Raissa Jajurie said the Bangsamoro government could also draw revenues from taxes, fees, revenues from the exploration development and utilization of natural resources, its share from national taxes and fees, and also from Bangsamoro government-owned corporations, various grants, donations, loans and funds.
How about government-owned corporations that earn millions of pesos and make millions in profits?
Executive Order 459, series of 2005, says that members of the Cabinet, government-owned corporations, and heads of agencies under the Office of the President need to seek approval of the Office of the President before going abroad.
Superox, Theva Dnnschichttechnik GmbH Target Audience: The target audience of this report includes: Government and Industry Associations Superconducting Devices Manufacturing Companies Investment and Consulting Firms Process and Manufacturing Plants State and National Regulatory Authorities State or Government-Owned Corporations Inquiry Before Buying: http://www.
Shenzhen Expressway Company Limited ('Shenzhen Expressway' or the 'Company', Stock Code: 00548), is a pioneer among government-owned corporations in promoting A-share Incentive Schemes.
John Mickel was a state MP from 1998 to 2012 and has extensive experience with the operations of government-owned corporations through his time as Minister for Transport, Minister for Trade, Minister for Employment and Industrial Relations, Minister for State Development, Minister for Energy, and Minister for the Environment.
Puerto Rico eventually amassed $72 billion in debts from dozens of groups, more than half of whom hold general-obligation bonds or debt from government-owned corporations.
Systematically, as Gold writes, the Nazis organized a state-run conspiracy consisting of lawyers, officials, banks, law courts, insurance companies and government-owned corporations as well as Nazi Party members.
Squire Patton Boggs has approximately 25 lawyers based in the Middle East, providing legal and policy advice to governments, government-owned corporations, investment institutions and private business clients throughout the region.
The rewards are high in terms of a panoply of jobs across design, manufacturing, construction, services and R&D activities, coupled with economic growth, but it is recognised that the market alone will not open up this opportunity due to unsustainably cheap shale gas and international government-owned corporations with access to cheap finance capital.
The minister announced that they privatized 139 government-owned corporations during the period from 1990 to 2012, describing them as worthless companies that used up a lot of money but produced nothing in return.
In 2009 the Qatari Government issued several tranches of bonds in its effort to create a sovereign benchmark yield curve aimed at facilitating issuances by government-owned corporations and commercial banks.

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