Government-related entity
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(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.
