Government-sponsored entity
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Government-sponsored entity (also known by its acronym, GSE) is an entity such as the Tennessee Valley Authority or the Small Business Administration; not officially backed by the full faith and credit of the U.S. government.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Government-sponsored entity (GSE). An entity such as the Tennessee Valley Authority or the Small Business Administration; not officially backed by the full faith and credit of the U.S. government.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
