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private sector

the area of the nation's economy under private rather than governmental control.
Compare public sector.
Origin of private sector
1950-55 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for private sector
  • private sector activity is typically small-scale workshops, farming, and services.
  • Tuna fishing and tuna processing plants are the backbone of the private sector, with canned tuna the primary export.
  • Much of the innovation reshaping our world comes from the private sector.
  • Stakeholders from all levels of government and the private sector weigh in.
  • The government spends and takes the liability on itself so that the private sector grows.
  • Implementations, serious and important, must to be taken by governments and by the private sector.
  • It's unclear whether the findings generalize to blue-collar workers and employees in the private sector, the authors report.
  • private sector jobs my go away but gov jobs never do.
  • Plenty of people in industry and the private sector had to retrain or retool themselves for different functions.
  • Unfortunately, the sudden contraction of the general economy has reduced opportunities in the private sector.
British Dictionary definitions for private sector

private sector

the part of a country's economy that consists of privately owned enterprises Compare public 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
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private sector in Culture

private sector definition

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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