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private sector

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson 0.04 sec.
private sector
the part of a country's economy that consists of privately owned enterprises


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In Australia the involvement of the private sector in the provision of public services is commonly referred to as public, private partnerships or PPPs.
The problem has been that comparisons of federal and private sector pay have usually omitted these benefits.
What's more, corporations also put up a significant portion of the $26 million in private sector contributions towards the $93 million total cost of the project.
 
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