public-private partnership
Pronunciation
/pˈʌblɪkpɹˈaɪvət pˈɑːɹtnɚʃˌɪp/
British pronunciation
/pˈʌblɪkpɹˈaɪvət pˈɑːtnəʃˌɪp/
PPP

Definition & Meaning of "public-private partnership"in English

Public-private partnership
01

a project where the government and private companies work together to provide services or build infrastructure

example
Examples
The new highway was built through a public-private partnership.
Public-private partnerships help fund big projects like schools and hospitals.
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