Public-Private Partnerships

Public-Private Partnerships,

Public-Private Partnerships Meanings:

  1. Public-private partnerships include collaborations between government agencies and private companies that can be used to finance, build and operate projects such as public transport networks, parks and convention centers. Financing projects through public-private partnerships allows for early completion or commencement of projects. Public-private partnerships often include exemptions from taxes or other operating income, protection of small liabilities, or partial ownership of nominal public goods and services for non-profit private sector companies.

    • Public-private partnerships allow large government projects, such as roads, bridges or hospitals, to be implemented with private funds.
    • This partnership works best when private sector technology and innovation are combined with public sector incentives to get work done on time and on budget.
    • Risks for private companies include price increases, technical failures and non-compliance with quality standards, while public partners cannot be charged consensus fees, such as for toll roads or bridges.
    • Despite their advantages, public-private partnerships have been criticized for blurring the line between legitimate public goals and private for-profit activities and for understanding public-public exploitation for self-employment and for profit.

Literal Meanings of Public-Private Partnerships

Public:

Meanings of Public:
  1. Ordinary people in a large society.

  2. From or to people as a whole.

  3. Done, seen or seen.

  4. Government-provided, not an independent company.

  5. To, or to university.

Sentences of Public
  1. The library is open to the public

  2. Public attention

  3. The Wall Street Journal apologizes publicly

  4. Public service

  5. General test results

Synonyms of Public

electors, widespread, nation, known, subjects, world, state, joint, widely known, inhabitants, general, taxpayers, voters, publicized, electorate, collective, exposed, popular, country, citizens, overt, society, populace, national, residents, in circulation, communal, common

Private:

Meanings of Private:
  1. Ranked as the lowest-ranking soldier, specifically a first-class soldier in the U.S. Army or Marine Corps.

  2. Summary for private party

  3. Affiliation or use of a particular person or group of people.

  4. (A person) who does not hold a public or public function or position.

  5. (Service or industry) provided or owned by an independent individual or company and not the government.

Sentences of Private
  1. He joined the army in 1980 and was initially sent to Germany as a supply trader as a young soldier.

  2. All rooms have their own bathroom.

  3. Photos are sold to private collectors

  4. Private sector research projects

Synonyms of Private

individual, independent, privatized, non-public, non-state-run, common soldier, exclusive, denationalized, private-enterprise, particular, one's own, personal, non-state-controlled, privately owned, commercial, special, private soldier

Partnerships:

Meanings of Partnerships:
  1. As a partner.

  2. Association of two or more people as partners.

Sentences of Partnerships
  1. We must continue to work in partnership

  2. The alliance with the Housing Association grew

Synonyms of Partnerships

confederation, collaboration, connection, league, cooperation, affiliation, alliance, association, relationship, compact, coalition, co-partnership, union, fellowship