Meaning of “PFI” in the English Dictionary


"PFI" in Business English

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PFInoun [ U ]

/ˌpiːefˈaɪ/ uk us

FINANCE abbreviation for Private-Finance Initiative: in the UK, a system where private companies build and sometimes manage large projects such as hospitals or roads, and then the government pays to use them:

The PFI provides a way of funding major capital investments, without costing the government a lot of money.

(Definition of “PFI” from the Cambridge Business English Dictionary © Cambridge University Press)