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public sector

American  

noun

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


public sector British  

noun

  1. the part of an economy that consists of state-owned institutions, including nationalized industries and services provided by local authorities Compare private sector

"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

public sector Cultural  
  1. That part of the economy controlled by the government. (Compare private sector.)


Etymology

Origin of public sector

First recorded in 1950–55