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private sector

 - 2 dictionary results

private sector

 
Use private sector in a Sentence
–noun
the area of the nation's economy under private rather than governmental control.
Compare public sector.

Origin:
1950–55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Cultural Dictionary

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.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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