Federal Credit - Concepts, Budgetary Treatment & Reform Proposals (Paperback)

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 "a disbursement of funds by the government to a non-federal borrower under a contract that requires the repayment of such funds with or without interest." A loan guarantee is "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." At the end of FY2011, outstanding federal direct loans totalled $838 billion and outstanding guaranteed loans totalled $2,017 billion. This book describes the concepts, budgetary treatment and reform proposals of federal credit.

General

Imprint:	nova science publishers
Country of origin:	United States
Release date:	April 2013
Editors:	Ethan A Kelly
Dimensions:	230 x 155 x 6mm (L x W x T)
Format:	Paperback
Pages:	61
ISBN-13:	978-1-62417-553-4
Categories:	Books > Business & Economics > Economics > General Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions Books > Money & Finance > Credit & credit institutions
LSN:	1-62417-553-8
Barcode:	9781624175534

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!