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Home > QFINANCE Dictionary > Definition of private sector

Definition of

private sector


part of economy not controlled by government the section of the economy that is financed and controlled by individuals or private institutions such as companies, stockholders, or investment groups.

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Recommended Further Reading (Term count)

Definitions of ’private sector’ and meaning of ’private sector’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’private sector’ and other financial terms with our online QFINANCE Financial Dictionary.

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