Definition of Third sector:
Voluntary or non-profit sector of an economy; described by Jim Joseph (President, Council On Foundations) as an intermediary space between business and government where private energy can be deployed for public good. Also called tertiary sector.
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.
How to use Third sector in a sentence?
- Commissioners are responsible for reviewing the contracts, with representatives from the third sector.
Meaning of Third sector & Third sector Definition