private enterprise

American  

noun

1. free enterprise.

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private enterprise British  

noun

1. economic activity undertaken by private individuals or organizations under private ownership Compare public enterprise

2. another name for capitalism

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private enterprise Cultural  

1. 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.)

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Etymology

Origin of private enterprise

First recorded in 1835–45

Example Sentences

“We think we are in a pretty good position to be a winner in the inferencing market, because Oracle is by far the world’s largest custodian of high-value private enterprise data.”

From MarketWatch

Private credit isn’t a bubble—it is a response to regulatory change, market concentration, and the real capital needs of private enterprise.

From Barron's

Research has made clear that Latinos bear the brunt of underrepresentation across important societal institutions such as academia, private enterprise, philanthropy and news media.

From Los Angeles Times

And perhaps also on how civilian society and private enterprise can play their parts.

From BBC

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.

From Los Angeles Times