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Investing Glossary:
Government sponsored enterprises
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Government sponsored enterprises
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| Definition: |
| Privately owned, publicly chartered entities, such as the Student Loan Marketing Association, created by Congress to reduce the cost of Capital for certain borrowing sectors of the economy including farmers, homeowners, and students.
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