Private Finance Initiative,
Definition of Private Finance Initiative:
Private financing initiatives (PFIs) are a means of financing public sector projects through the private sector. VTI frees governments and taxpayers from the direct burden of raising funds for these projects.
- Private funding initiatives are a means for the public sector to finance large-scale public works projects through the private sector.
- VTI frees the government and taxpayers to raise funds for projects.
- The government replaces private companies in the long run, and payments include interest.
- PFI is widely used in the UK and Australia. In the United States, they are known as public-private partnerships.
For example, it uses skills for private sector capital and finance, for example, the development of public sector services. Schools, hospitals, roads, but only assets and the provision of services related to these assets (e.g., building maintenance) are covered by PFI. Providing services such as education in schools remains the responsibility of the state.
Literal Meanings of Private Finance Initiative
Meanings of Private:
The lower echelons, especially the US military. Or under Marine Corps Private First Class.
Means private parties
They belong to a particular individual or group of people or can be used.
(Someone) who does not hold a public or public function or position.
(Service or industry) provided or owned by an individual or company independent of the government.
Sentences of Private
He joined the army in 1980 and was first used in Germany as a supply worker as a young soldier.
All rooms have their own bathroom
Photos sold to private collectors
Private sector research projects
Synonyms of Private
one's own, commercial, non-public, special, individual, denationalized, private soldier, privatized, personal, non-state-controlled, privately owned, particular, non-state-run, exclusive, independent, common soldier, private-enterprise
Meanings of Finance:
Providing funds to (a person or company)
Management of large sums of money, especially by governments or large companies.
Sentences of Finance
Initially, cities and districts funded the project
Company financial management
Synonyms of Finance
subsidize, economics, fund, business, financial affairs, investment, back, pecuniary matters, provide security for, accounting, money matters, commerce, endow, fiscal matters, provide capital for, invest in, pay for, banking, money management, capitalize
Meanings of Initiative:
Ability to independently review and launch something.
The power or opportunity to act or take responsibility in front of other people.
An action or strategy that aims to solve a problem or improve a situation, a new approach to something.
The right of lawmakers to legislate (especially in the United States and some Swiss states).
Sentences of Initiative
Use your initiative, imagination and intellect
We lost the initiative and let our opponents rule on this issue.
New measures against car crime
The constitution of individual states is often changed by the legislature rather than by initiative.
Synonyms of Initiative
act, scheme, stratagem, gambit, technique, lead, strategy, trump card, whip hand, inventiveness, proposal, resourcefulness, measure, enterprise, step, upper hand, action, advantage, capability, manoeuvre, edge, plan