Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. Owned or controlled wholly or partly by the government: a parastatal mining corporation.
  • n. A company or agency owned or controlled wholly or partly by the government.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A company, agency, or intergovernmental organisation, that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.
  • adj. Pertaining to such a company or group.

Etymologies

From para- +‎ statal. (Wiktionary)

Examples

  • The parastatal is the country's biggest producer of non-ferrous scrap.

    ANC Daily News Briefing

  • At present, to be appointed as the chief executive of a parastatal is a ticket to easy street because they are in a totally win-win situation.

    IOL: News

  • a so-called parastatal organisation did not prevent its employees from joining unions.

    ANC Daily News Briefing

  • Under Jumbe's administration, ADMARC, the politically-sensitive parastatal which is the only authorised dealer of maize and also regulates its price, sold around 60,000 tonnes of the staple from strategic grain reserves, to Kenya.

    ANC Daily News Briefing

  • Made said the move was to allow the government to be directly involved in the operations of the parastatal which is responsible for marketing food grains in the country.

    ANC Daily News Briefing

  • He was referring to the sale of state assets such as parastatal companies which operate at a loss, a move the IMF has long been pressing for.

    ANC Daily News Briefing

  • Yet it's the far more numerous black farm workers who've suffered most as their jobs disappeared, the land usurpers - primarily government and "parastatal" officials, Zimbabwe's cronies - hopelessly inexperienced at commercial farming.

    Thestar.com - Home Page

  • Large capital projects, such as parastatal infrastructure projects, will however continue.

    News24

  • And guess what, through a variety of laws, regulations, and customary practices (such as screening committees), Israel discriminates massively against Arabs in housing, with the parastatal agencies even permitted to evict Arabs and replace them with Jews for no reason other than religion.

    The Volokh Conspiracy » A Strange Thing About the Controversy Over Jerusalem

  • All of this is quibbling, because in Israel, 93 percent of the land is held by the State (homeowners have only leasehold) or parastatal agencies, so for all practical purposes the rules of the JNF, the JA, and the ILA are the rules that count.

    The Volokh Conspiracy » A Strange Thing About the Controversy Over Jerusalem

Comments

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  • Munch! (parastatal peristalsis).

    November 1, 2008

  • Monovocalic alert.

    November 1, 2008