private sector

American  

noun

1. the area of the nation's economy under private rather than governmental control.

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private sector British  

noun

1. the part of a country's economy that consists of privately owned enterprises Compare public sector

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private sector Cultural  

1. 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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Etymology

Origin of private sector

First recorded in 1950–55

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Example Sentences

See Examples For:

private sector

Overall, the IMF said that the private sector appears to have so far adjusted well to the geopolitical shocks from the war.

From MarketWatch ● Oct. 13, 2026

The federal government is far ahead of the private sector in securing its systems against rogue agents.

From The Wall Street Journal ● Oct. 12, 2026

With public finances under strain, Schomaker said COP17 in Armenia would focus on ways to better engage the private sector in helping close the $700-billion annual funding shortfall for the 2030 nature protection goals.

From Barron's ● Oct. 12, 2026

She did a master's degree after uni and worked in the NHS before moving to the private sector.

From BBC ● Oct. 10, 2026

Thinking he could fare better in the private sector, he eventually quit the force to go into business with friends.

From "First They Killed My Father: A Daughter of Cambodia Remembers" by Loung Ung

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