private sector

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Related to Private firm: Going private, Privately held company, Privately owned

private sector

that part of the economy concerned with the transactions of private individuals, businesses and institutions (the PERSONAL SECTOR, the CORPORATE SECTOR and the FINANCIAL SECTOR, respectively). The private sector and the PUBLIC SECTOR make up the domestic economy and, together with the FOREIGN SECTOR, make up the national economy.

private sector

A portion of the economy composed of businesses and households,but excluding government.

References in periodicals archive ?
I HAVE BEEN SENT A PARKING TICKET FROM A PRIVATE FIRM - WHAT SHOULD I DO?
The three private firms came into being in 2002 when the then Delhi government decided to privatise power distribution in the Capital.
Private firm, public corporation or member's association--Governance structures in European football.
That was the warning as Conwy County Council's Cabinet approved a 12-month plan for a private firm to work alongside the council and issue pounds 75 fixed penalty notices to dodgy dog owners and litterers.
The complainant filed a labour case against the private firm she used to work for and claimed her labour rights.
This finding is mainly driven by the fact that the public firm is an aggressive competitor as it produces more output than a private firm.
Another important source of the private firm discount has a lot to do with behavioral finance issues.
Clearly, the private firm Cambridge figured out quickly what city workers already knew: City leaders don't hold anyone accountable for performance.
The biggest corporate risk, long ignored by most private firms, is impaired enterprise value.
A PRIVATE FIRM once prospered by churning out steady revenues and profits, gliding along like a schooner with fair wind in its sails.
With sound reason, the Sarbanes-Oxley Act has extended beyond the public arena to envelop the private firm, including the privately held and privately/publicly funded real estate concern.
A survey of private firm CFOs, controllers and other financial executives revealed that only 60 percent had some idea of their firm's value.

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