Federal Credit (eBook)

Concepts, Budgetary Treatment, and Reform Proposals

Ethan A Kelly (Herausgeber)

eBook Download: PDF

2016
96 Seiten
Nova Science Publishers (Verlag)
978-1-62417-554-1 (ISBN)

Infos

The U.S. government uses federal credit (direct loans and loan guarantees) to allocate capital to a range of areas including home ownership, student loans, small business, agriculture, and energy. A direct loan is "e;a disbursement of funds by the government to a nonfederal borrower under a contract that requires the repayment of such funds with or without interest."e; A loan guarantee is "e;a pledge with respect to the payment of all or part of the principal or interest on any debt obligation of a non-federal borrower to a non-federal lender."e; At the end of FY2011, outstanding federal direct loans totaled $838 billion and outstanding guaranteed loans totaled $2,017 billion. This book describes the concepts, budgetary treatment and reform proposals of federal credit.

Produkt-Details

• Erscheint lt. Verlag: 1.10.2016
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• ISBN-10: 1-62417-554-6 / 1624175546
• ISBN-13: 978-1-62417-554-1 / 9781624175541