Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The part of the economy that is controlled by individuals or private organizations and is not funded by the government.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun business All
organizations in aneconomy orjurisdiction that are notcontrolled bygovernment , includingprivately ownedbusinesses andnot-for-profit organizations .
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
private + sector
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Examples
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