private sector

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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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

private sector

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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
They added: 'Where, for some good reason, such audits have to be carried out by private firms, the Auditor General's consent has to be sought.
Owner of Private Firm, Malik Mohammad Khan informed the committee that the land was provided by Coastal Development Authority in 2014 and after the investment of huge money now the PTDC is claiming the land possession.
Speaking at the meeting, Mr Raza said the private firm was selected through a bidding process and that the fare will be finalised after the trail service is launched.
If it agrees they are unenforceable it will open the floodgates for thousands of drivers to reclaim tens of millions of pounds handed over to private firms after being hit with demands.
Private firms must, therefore, immunize themselves by ensuring they are adhering to the nationalization quotas to be able to take action against lax workers." More than 1,200 male and female labor inspectors recently raided many private companies, markets and public places across the Kingdom to check on illegal workers and Saudis harboring them.
Private firm, public corporation or member's association--Governance structures in European football.
DOG owners who don't pick up after their pets will be clamped down on hard by a private firm brought in to crack down on dog fouling.
Summary: Closing an appeal filed by the attorney-general, the Dubai Court of Cassation has ordered a private firm to pay a former woman employee Dh79,000 worth of work dues.
PESHAWAR, April 16, 2011 (Balochistan Times): The provincial government has launched a mega project with cooperation of a private firm to set up Solid Waste Recycling Plant in provincial metropolis.
We find that even though R&D effort decreases with the number of alliances of a private firm, it increases with the number of alliances of the public firm.
Yet, when a loss-making investment is made, there is the chance of a costly liquidation or nationalization of the private firm, and this is an important difference with a public firm for which the option of nationalization is not available.

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