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Quasi-Autonomous Non-Governmental Organization. An organization, which itself is not part of the government, to which the government has given a large degree of power, as a regulator or in another capacity. A prominent example is the Water Services Regulation Authority, which regulates sewage in the UK, among other things. However, it is not part of the government. The term is most common in the British Isles.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

quango (quasi-autonomous nongovernmental organization)

an executive body which is responsible for overseeing a designated area of public sector activities and spending.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
She said: "Since I became an Assembly Member I have been amazed by the number of quangos and review commissions that the (Welsh) Government set up.
A study by the think-tank has revealed an astonishing 132 quango officials are paid more than a Cabinet secretary, and 686 received more than an MSP.
: "Ministers may have talked about a bonfire of the quangos, but the Government has been far too timid in following through with its promises.
Not because of the abolition of most of the quangos, which were not technology-related.
His Whitehall department said the Government was now more than halfway through the first wave of its quango reform programme with closures made so far set to save at least pounds 1.4bn for the taxpayer in this Parliament and that more was to come.
The party blasted the Government for creating a "monster quango" while cutting frontline NHS staff.
In the run-up to the Election, both Fine Gael and Labour promised to get rid of up to 150 quangos.
The Local Government Secretary, Eric Pickles, who abolished the quangos earlier this year, said: "Labour maxed out the nation's credit card, and it turns out that their quangos were at it too."
Despite speculation, the Carbon Trust and the Energy Saving Trust were not on yesterday's list, but they are not-for-profit companies rather than quangos.
Several quangos are also being reformed as "committees of experts", raising questions over whether there will be any significant savings to the public purse.
People have been fed up with the old way of doing business, where the people they voted for could often avoid taking responsibility for difficult and tough decisions by creating or hiding behind one of these quangos."
Business Secretary Vince Cable said the work of the quangos would be taken over by Government departments, making them more accountable and reducing administrative costs.