government ownership

Also found in: Dictionary, Financial.
Related to government ownership: Government Owned Corporations

government ownership:

see public ownershippublic ownership,
government ownership of lands, streets, public buildings, utilities, and other business enterprises. The theory that all land and its resources belong ultimately to the people and therefore to the government is very ancient.
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References in periodicals archive ?
Capital Intelligence also affirmed the bank's support rating of 2, which reflects its government ownership.
Underscored by its developmental mandate and government ownership, the bank has benefited from government support through a sizeable recapitalisation exercise (in 2008), loans at preferential rates and compensation for impaired-loan facilities.
The public debt policy establishes a framework for all companies that have direct government ownership of 50 per cent or higher for public debt issuance (excluding TAQA, IPIC, Mubadala, and TDIC).
At the same time, Capital Intelligence confirmed the bank's support rating of 2, given its majority government ownership, as well as the short-term foreign currency rating of B.
However, the government ownership and influence is viewed by the agency as having both benefits and drawbacks for Pertamina's credit quality.
Arab Advisors Group's analysis reveals that "the vast majority of the countries covered, still have full government ownership of the operational terrestrial TV channels," Miss Abdulhadi added.
Government ownership (and availability of support that this implies) assists the Bank in sourcing wholesale funding from companies, government-related entities and financial institutions and positively influences both the stability and the cost of this funding.
Meanwhile, NKBM's current IDRs are underpinned the extremely high possibility of support for the bank from local authorities in case of need, in view of its majority government ownership and systemic importance.

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