private sector
Pronunciation
/pɹˈaɪvət sˈɛktɚ/

Definition & Meaning of "private sector"in English

Private sector
01

the part of the economy that is run by private individuals or companies, rather than the government, and aims to make a profit

Grammatical Information
Animacy status
Inanimate
Plural form
private sectors
Examples
Many people work in the private sector, including employees in businesses and corporations.
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