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private sector
noun
- the area of the nation's economy under private rather than governmental control.
private sector
noun
- the part of a country's economy that consists of privately owned enterprises Compare public sector
private sector
- That part of an economy in which goods and services are produced by individuals and companies as opposed to the government, which controls the public sector .
Word History and Origins
Origin of private sector1
Example Sentences
I’ve worked in public school, higher education, medicine and the private sector for the last 15 years.
The independent pay review bodies take overall earnings, both public and private sector, and the forecast rate of inflation into account when they make their recommendations.
"We raise capital expenditure from the private sector, we go to the schools and establish Armath labs, we donate the equipment," he says.
The text of the agreement says both sides now expect significant investments facilitated by the US government and private sector.
Her biography posted on the city’s website says she “brings a strong community foundation and over 15 years of public and private sector experience to the Council.”
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