public-private partnership - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “public-private partnership”

public-private partnership

noun [C]
( abbreviation PPP, P3) FINANCE, GOVERNMENT
an arrangement where a government and a profit-making company invest in and work on an activity together: A public private partnership will fund the school regeneration programme.
(Definition of public-private partnership from the Cambridge Business English Dictionary © Cambridge University Press)
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