private sector
- the area of the nation's economy under private rather than governmental control.
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Compare public sector.
Origin of private sector
First recorded in 1950–55
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for private sector
Contemporary Examples
Ironically, the private-sector unions have also suffered politically from the sins of the public sector.
Public-sector unions grew rapidly, but private-sector unions shrank.
But that cannot happen when private-sector workers experience guilt-by-association with unpopular public-sector union actions.
In May 2013, the first private-sector green bond was issued by PNE Wind, a German company that builds and runs wind farms.
A few million people is a lot of people, but there are 150 million other Americans with private-sector insurance.
private sector
- the part of a country's economy that consists of privately owned enterprisesCompare public sector
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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.
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The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.