Exchange Currency

quasi-public corporation

Privately operated corporation with some sort of government backing, and specifically mandated responsibilities that are stated in the corporation's legal charter. Examples include Fannie Mae and Sallie Mae. Though quasi-public corporations can usually issue stocks publicly, their primary responsibility is always to carry out their designated mandates, and creating shareholder value is a secondary objective.

Related information about quasi-public corporation:
  1. Quasi-Public Corporation Definition | Investopedia
    A type of corporation in the private sector that is backed by a branch of government that has a public mandate to provide a given service. Most quasi- public ...
     
  2. Quasi-Public Corporation - Financial Dictionary - The Free Dictionary
    A corporation that is operated privately, but is supported by the government in its operations and that often traded publicly.
     
  3. What is quasi-public corporation? - InvestorWords.com
    Definition of quasi-public corporation: Privately operated corporation with some sort of government backing, and specifically mandated responsibilities that are ...
     
  4. quasi-public corporation
    A privately owned company with a public mandate.This mandate includes specific...
     
  5. What is QUASI PUBLIC CORPORATION? - The Law Dictionary
    Definition of QUASI PUBLIC CORPORATION: This term is sometimes applied to corporations which are not strictly public, in the sense of being organized for ...
     
  6. Quasi-Public Corporation: Definition from Answers.com
    corporation that is operated privately and often has its stock traded publicly, but that also has some sort of public mandate and often has the governments.
     
  7. What is quasi-public corporation? - BusinessDictionary.com
    Definition of quasi-public corporation: A company that is privately owned but is regulated by the government. Employees are not compensated by the ...
     
  8. quasi-public corporation - Invest Definition
    quasi-public corporation definition: A corporation whose stock is publicly traded that was started or is backed by the government. Even though the company has ...