Definition of private enterprise in English:

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private enterprise

Pronunciation: /ˈprīvit ˈen(t)ərˌprīz/

noun

Business or industry that is managed by independent companies or private individuals rather than by the state.
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.

For editors and proofreaders

Syllabification: pri·vate en·ter·prise

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