Meaning of “private enterprise” in the English Dictionary

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"private enterprise" in English

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private enterprisenoun [ U ]

uk ​ /ˌpraɪ.vət ˈen.tə.praɪz/ us ​ /ˌpraɪ.vət ˈen.t̬ɚ.praɪz/

(Definition of “private enterprise” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"private enterprise" in American English

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private enterprisenoun [ C/U ]

us ​ /ˈprɑɪ·vɪt ˈen·tərˌprɑɪz/

› a business owned and controlled independently and not by government, or the system that encourages such businesses

(Definition of “private enterprise” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"private enterprise" in Business English

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private enterprisenoun

uk ​ us ​ ECONOMICS

› [ U ] the economic system that is based on the principle of companies being owned privately, rather than by the government:

The relationship between private enterprise and local government has been a basic feature of China's swift development.

› [ C ] a company that is not owned by the government:

public and private enterprises
Foreign-trading rights have now been extended to many private enterprises.

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public enterprise

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

Translations of “private enterprise”
 
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