Meaning of “the private sector” in the English Dictionary

"private sector" in American English

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private sectornoun [ C usually sing ]

us /ˈprɑɪ·vɪt ˈsek·tər/

all the businesses that are not owned and controlled by the government:

The project will be financed by the government and two companies in the private sector.

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

"private-sector" in Business English

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private-sectoradjective [ before noun ]

uk us

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

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the private sectornoun [ S ]

uk us

ECONOMICS the part of a country's economy that consists of companies, businesses, etc. that are not owned by the government:

It has always been difficult to persuade able candidates to aim at the civil service rather than a job in the private sector.

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