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Definition of “state-owned” - English Dictionary

"state-owned" in Business English

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state-ownedadjective

uk   us   ECONOMICS, GOVERNMENT
owned by the ​government: a state-owned ​airline/​bank/​industry Many ​peopleacquiredshares in the ​former state-owned ​group when it was ​privatised in 2009. The eventual ​deal will have to be ​approved by the French ​privatisationcommission, because Credit Lyonnais is state-owned.
US owned by a ​state: Threatened by a ​ballotmeasure to ​disband it, Oregon's state-owned ​workers' ​compensationinsurerfoundmixedsupport among ​local Republicans. state-owned ​land
(Definition of state-owned from the Cambridge Business English Dictionary © Cambridge University Press)
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“state-owned” in Business English

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