private-sector

adjective [before noun]

Definition

› ECONOMICS relating to the part of a country's economy that consists of companies, businesses, etc. that are not owned by the government: Government policy continues to emphasize private-sector participation in addressing healthcare issues. private-sector workers/jobs/employers private-sector borrowing/investment/debt private-sector companies/firms

→ Compare public-sector

(Definition of private-sector adjective from the Cambridge Business English Dictionary © Cambridge University Press)

Focus on the pronunciation of private-sector