Tag: Government Corporation

Federal Financing Bank (FFB) (CongressionalGlossary.com)

Federal Financing Bank (FFB) (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Federal Financing Bank (FFB) photo credit: Alun Salt The Federal Financing Bank (FFB) is a government corporation, created by Congress in the Federal Financing Bank Act of 1973 (12 U.S.C. 2281 et seq.), under the general supervision of the Secretary of the Treasury (31 U.S.C. […]

Wholly-Owned Government Corporation (CongressionalGlossary.com)

Wholly-Owned Government Corporation (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Wholly-Owned Government Corporation An enterprise or business activity designated by the Government Corporation Control Act of 1945 (31 U.S.C. § 9101) or some other statute as a wholly-owned government corporation. Each such corporation is required to submit an annual business-type statement to the Office of […]