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. 2012.

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 — /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

  • 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.