private sector

private sector
n.
The part of the economy not controlled by the government, in which private citizens work for their own profit.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • private sector — / praɪvət ˌsektə/ noun all companies which are owned by private shareholders, not by the state ● The expansion is completely funded by the private sector. ● Salaries in the private sector have increased faster than in the public sector. ▪▪▪ ‘…in… …   Marketing dictionary in english

  • Private Sector — The part of the economy that is not state controlled, and is run by individuals and companies for profit. The private sector encompasses all for profit businesses that are not owned or operated by the government. Companies and corporations that… …   Investment dictionary

  • private sector — N SING: the N, N n The private sector is the part of a country s economy which consists of industries and commercial companies that are not owned or controlled by the government. ...small firms in the private sector. ...the gap between the… …   English dictionary

  • private sector — noun the private sector the industries and services in a country that are owned and run by private companies, and not by the state or government: pay increases in the private sector | private sector employers compare public sector …   Longman dictionary of contemporary English

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