Private-sector - definition, pronunciation
Amer.
Brit.
noun
- (business) All organizations in an economy or jurisdiction that are not controlled by government, including privately owned businesses and not-for-profit organizations.
After spending two decades at various government agencies, he returned to the private sector and took a job as a business consultant.
adjective
- Of or pertaining to the private sector.
Extra examples
The government would not intervene in private-sector wage bargaining.
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