A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, commercial government agency or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government. Their legal status varies from being a part of government into stock companies with a state as a regular stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably. The defining characteristics are that they have a distinct legal form and they are established to operate in commercial affairs. While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives.

GOCs can be fully owned or partially owned by Government. As a definitional issue, it is difficult to determine categorically what level of state ownership would qualify an entity to be considered as "state-owned", since governments can also own regular stock, without implying any special interference. As an example, the Chinese Investment Corporation agreed in 2007 to acquire a 10% interest in the global investment bank Morgan Stanley, but it is unlikely that this would qualify the latter as a government-owned corporation. Government-owned or state-run enterprises are often the result of corporatization, a process in which government agencies and departments are re-organized as semi-autonomous corporate entities, sometimes with partial shares listed on stock exchanges.

Jermaine Scott (born 9 March 1985), better known by his stage name Wretch 32 (three-two), is an English rapper and former Grime MC from Tottenham, London where he grew up the son of a local reggae DJ in the Tiverton Estate. He was a member of the grime collective "Combination Chain Gang", before forming The Movement with Scorcher, Ghetts, and Mercston. The world and online community including the UK music industry especially, first set eyes on Wretch 32 when 32 was given the opportunity to appear on RMC TV Artist Spotlight back in 2005 around the same time as N-Dubz drummer BreakBeat. Wretch 32 – The Beginning! Needless Beef a short film based on UK street life and gun crime starring Wretch 32 was first edited and broadcast exclusively on RMC TV, which later inspired MTV’s Dubplate Drama Series. He is also often associated with the TMT crew, also from Tottenham, due to his close relationship to fellow Tottenham rapper Cell 22. The pair have made several songs together. He released his first single "Traktor" in January 2011.