Definition of Private enterprise:
Basis of a free market capitalist system, it is a business unit established, owned, and operated by private individuals for profit, instead of by or for any government or its agencies.
Business or industry that is managed by independent companies or private individuals rather than by the state.
Synonyms of Private enterprise
Independent, Non-state-controlled, Non-state-run, Privatized, Denationalized, Non-public, Commercial, Private-enterprise
How to use Private enterprise in a sentence?
- They were a private enterprise and I really liked that, because those types of places always thrived and were better.
- You can try to adapt to the private enterprise quicker than other businesses if you want to get out in front of them.
- You may want to be set up as a private enterprise if you think that will make things more profitable in the long term.
- A boom in private enterprise.
Meaning of Private enterprise & Private enterprise Definition