Government-related entity
From ACT Wiki
(GRE).
1. Government - credit risk - credit ratings.
As defined for credit rating purposes, for example by Fitch ratings, a government-related entity is one over which a national, regional or local government has sufficient control for the relationship to be effectively that of a parent entity and its subsidiary.
2. Government - agencies.
One of a potentially broader group of entities, including both the parent-subsidiary type of relationships described in 1. above, and also other entities with a looser relationship with the relevant government.
