Definition of private enterprise in English:

private enterprise

Syllabification: pri·vate en·ter·prise

noun

  • Business or industry that is managed by independent companies or private individuals rather than by the state.
    More example sentences
    • Thus the second relevant discursive context is one of privatization and private enterprise.
    • When that share is diminished by private enterprise the business is, on the whole, far more laudable than not.
    • Conservatives believe in freedom, in a smaller state, in the unlimited potential of individuals and private enterprise.

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