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:
- 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 ...
- 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.
- 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 ...
- quasi-public corporation
A privately owned company with a public mandate.This mandate includes specific...
- 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 ...
- 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.
- 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 ...
- 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 ...