Business and Personal Finance Dictionary

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• QUASI-PUBLIC CORPORATION
  
  In the US, quasi-public corporations have links to the federal government although they are technically in the private sector. That means that their managers and executives work for the corporation, not the government. And, in many cases, you can buy stock in a quasi-public corporation, expecting to share in its profits. Many quasi-public corporations were originally federal agencies that have been privatized. Among the best known are the Federal National Mortgage Association (FNMA) and the Student Loan Marketing Association (Sallie Mae), which securitize mortgages and student loans respectively and sell them in the secondary market. The US Postal Service is also a quasi-public corporation, as is the Tennessee Valley Authority (TVA).
  
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