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English definition of “private-sector”

private-sector

adjective [before noun]
 
 
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 from the Cambridge Business English Dictionary © Cambridge University Press)
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