private sector

(redirected from Private industry)
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private sector

n.
The part of the economy that is controlled by individuals or private organizations and is not funded by the government.

private sector

n
(Government, Politics & Diplomacy) the part of a country's economy that consists of privately owned enterprises. Compare public sector
Translations

private sector

n the private sectoril settore privato
References in periodicals archive ?
The objective of the Meet is to forge new partnerships with private industry with the aim to achieve self-reliance in defence production under the overarching Make in India initiative of the Government.
Recently revealed documents uploaded by Motherboard show Trump's transition team wanted to know how NASA's technology could be used for the private industry - and (https://motherboard.
He said, "PAC with private industry collaboration could augment its existing T-56 (Rolls-Royce) engine facility and develop new PT6 engines for aircrafts.
He said private industry could leverage PAC facilities for manufacturing of auto parts, commercial engines and industrial gas turbines and for calibration of equipment etc.
While it's true only 66 percent of private industry workers have access to retirement plans, the greater truth is 9 out of 10 workers employed by a company with 500 or more employees have access to a company sponsored retirement plan.
Providing a snapshot of worker benefits in the United States, the Bureau of Labor Statistics reported that in March MB, 85 percent of full-time private industry employees had employer-provided medical care.
There were about 900 fewer jobs in private industry in October than in September.
NASA's safety advisory panel says private industry is not ready to carry people into space.
She compares the rates for those workers with their counterparts in private industry and State and local government.
I read your article, "Spotlight on Retention" (California CPA, October 2006) with great interest as I have experienced the shortage of accounting talent in private industry on a firsthand basis.
It is also true that of the money granted in the first round little went to private industry - what readers should know though is that this was more because of the lack of verve and enterprise of private industry than of political expediency.
Wynne spoke for about two hours to a diverse student body consisting of government civilian, military, and private industry students, and passed on his personal philosophy, his recent experiences undergoing Senate confirmation and his outlook on assuming his new post as secretary of the Air Force.

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