quasi-public corporation

/ˌkweɪzaɪ ˌpʌblɪk ˌkɔ:pə'reɪʃ(ə)n/ noun
a US institution which is privately owned, but which serves a public function (such as the Federal National Mortgage Association)

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Quasi-public corporation — Public service corporation Public service corporation or sometimes Quasi public corporation Quasi public corporation A corporation, such as a railroad company, lighting company, water company, etc., organized or chartered to follow a public… …   The Collaborative International Dictionary of English

  • Quasi-Public Corporation — 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 corporations began as government agencies, but have since become separate entities. It is …   Investment dictionary

  • quasi-public corporation — A public service corporation; a corporation affected with a public interest. 18 Am J2d Corp § 9. A private corporation which has been given certain powers of a public nature, such as the power of eminent domain. Philadelphia Rural Transit Co. v… …   Ballentine's law dictionary

  • quasi-public corporation — A corporation that is operated privately, but is supported by the government in its operations and that often traded publicly. Bloomberg Financial Dictionary …   Financial and business terms

  • quasi-public corporation — Gen Mgt an organization that is owned partly by private or public shareholders and partly by the government …   The ultimate business dictionary

  • quasi — qua·si 1 / kwā ˌzī, ˌsī; kwä zē, sē/ adj [Latin, as if, as it were, from quam as + si if]: having such a resemblance to another thing as to fall within its general category a quasi corporation quasi 2 adv: in some significant sense or degree… …   Law dictionary

  • Public-service corporation — or sometimes Quasi public corporation Quasi public corporation A corporation, such as a railroad company, lighting company, water company, etc., organized or chartered to follow a public calling or to render services more or less essential to the …   The Collaborative International Dictionary of English

  • corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… …   Black's law dictionary

  • corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… …   Black's law dictionary

  • corporation affected with a public interest — A public service corporation, otherwise known as a quasi public corporation. 18 Am J2d Corp § 9. See public service corporation …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.