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 ?
Abu Dhabi: The decision to unify public and private sector holidays in the UAE will make employees more productive and provide a major impetus to the country's economic growth, according to Nasser Bin Thani Al Hamli, Minister of Human Resources and Emiratisation.
At the same time, as of May 1, 2018, 1.538 million people were employed (887,200 people worked in the public sector of the economy and 651,000 people in the private sector).
The average weekly salary for employees of the public sector/government's IPOs and private sector has increased by 5.9% over 2014 to reach EGP 806, compared to EGP 761 in 2013.
The seminar assess the laws and policies regulating employment in the private sector, education and training outputs and their conformity with the requirements of the labor market in the private sector.
RIYADH: MD RASOOLDEEN | ARAB NEWS STAFFThe private sector is a key partner in the national development of a country and the Kingdom has been exerting all its efforts to harness the benefits of public and private sector partnership for the good of the country.
But they also found that when those same public employees are compared to private-sector workers with similar backgrounds--particularly age and education--those in the private sector earn nearly 3 percent more on average.
These legal arguments--whether meritorious in any particular instance or not - are always available for negotiating purposes in the private sector. As mentioned, that is not always the case regarding public works contracts.
We are faced in many cases with the private sector of the United States being forced to compete against governments, a battle which the private sector loses every time.
Like anti-corruption, IPR protection and enforcement is a natural area for close, concrete cooperation with the private sector. We look forward to getting your ideas and proposals.
Private sector momentum is what is driving the fund.

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