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