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private enterprise
private enterprise
noun
economic activity undertaken by private individuals or organizations under private ownership Compare public enterprise
another name for capitalism
private enterprise
Business carried on for profit and not owned by the government; also, the system that discourages public ownership of business; the same as free enterprise. (See private sector.)
Word History and Origins
Origin of private enterprise1
Example Sentences
Research has made clear that Latinos bear the brunt of underrepresentation across important societal institutions such as academia, private enterprise, philanthropy and news media.
And perhaps also on how civilian society and private enterprise can play their parts.
The measure ran into opposition from President Coolidge and his Treasury secretary, the multimillionaire Andrew Mellon, who thought private enterprise should take on the task.
He also said it was the "right time for private enterprises and private entrepreneurs to fully display their talents".
He suggested that if the US put a base on Mars then "after that's done, the expensive way, private enterprise can say 'well, maybe there is another way to get there that is cheaper'."
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