Concept information
Preferred term
government-sponsored enterprises
Definition
- For many years, the federal government used government-sponsored enterprises (GSEs) to encourage the flow of credit to residential housing, financial institutions, agriculture, and until recently, higher education. The GSE is designed to be a privately owned financial firm with specialized lending powers and the implicit backing of the federal government. [Source: The Encyclopedia of Housing; Government-Sponsored Enterprises]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/government-sponsored_enterprises
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