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third sector

Line breaks: third sec¦tor

Definition of third sector in English:

noun

The part of an economy or society comprising non-governmental and non-profit-making organizations or associations, including charities, voluntary and community groups, cooperatives, etc.
Example sentences
  • Commissioners are responsible for reviewing the contracts, with representatives from the third sector.
  • A third sector we like is defensive, non-cyclical issuers.
  • Street cleaning, and some environmental functions, could be devolved to communities, parishes, the third sector and new neighbourhood enterprises, where appropriate.

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Pronunciation: pɪət
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