private business Meaning in the Cambridge English Dictionary

Meaning of “private business” in the English Dictionary

"private business" in Business English

See all translations

private businessnoun

uk   us  
[C] FINANCE a ​company that is ​owned by one ​person or a ​smallgroup of ​people, for ​example a family, and whose ​shares are not ​traded on a ​stockmarket: Many of these ​smallprivatebusinessesemploy fewer than ten ​people.
[C] ECONOMICS a ​company that is not ​owned by the ​government: private and state-owned ​businesses
[U] ECONOMICS all the ​companies that are ​owned and ​controlled by one ​person or a ​smallgroup of ​people, considered as a whole: The ​publicsector continues to ​dominate the country's ​economy, while an ​increasingnumber of ​restrictions are ​imposed on ​privatebusiness.
(Definition of private business from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of private business?
Add Cambridge dictionaries to your browser to your website
Word of the Day


(a plan showing) the subjects or books to be studied in a particular course, especially a course that leads to an exam

Word of the Day

Out of Africa
Out of Africa
by Colin McIntosh,
October 01, 2015
A recent discovery off the coast of the island of Taiwan, made by local fishermen, is causing scientists to re-examine their ideas about early humans. The skull of a male human, now nicknamed Penghu Man, was found to differ significantly from the skulls of the Homo Erectus species previously known in the

Read More 

face training noun
face training noun
October 05, 2015
a system of facial exercises designed to tone the facial muscles and improve the skin

Read More