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Meaning of “public enterprise” in the English Dictionary

"public enterprise" in Business English

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public enterprisenoun

uk   us   ECONOMICS
[U] the economic system that is based upon the principle of companies being owned by the government and not by people and businesses: They have yet to come to terms with the idea that in a modern state there is a role for public enterprise.
[C] a business that is owned by the government: Several public enterprises may be privatised.
(Definition of public enterprise from the Cambridge Business English Dictionary © Cambridge University Press)
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“public enterprise” in Business English

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