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

“What’s ideal is an ability for investors to negotiate in Caracas with both the government and private enterprises,” Humes of Greylock said.

From The Wall Street Journal

Many, including Musk, amass wealth through private enterprises that can be difficult to value.

From Barron's

“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