private sector

noun

: the part of an economy which is not controlled or owned by the government
businesses in the private sector
private-sector businesses/gains

Examples of private sector in a Sentence

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Public sector organizations cite insufficient budgets as a significant barrier, with 86% reporting financial constraints compared to 76% in the private sector. Tony Bradley, Forbes, 11 Dec. 2024 Trump recently nominated Frank Bisignano, a financial services executive who is reportedly paid more than $100 million a year in the private sector, to run the Social Security Administration. Anita Chabria, Los Angeles Times, 10 Dec. 2024 This means fewer people contributing to the economy through the private sector, but also through taxes, which are needed to fund the pension and health needs of the growing elderly population. Daniel R. Depetris, Newsweek, 8 Dec. 2024 And no amount of office mail or phone calls or primary threats will change the mind of a senator who has six years left in his term or has decided to explore a career in the private sector. Matthew Continetti, National Review, 7 Dec. 2024 See all Example Sentences for private sector 

Dictionary Entries Near private sector

Cite this Entry

“Private sector.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/private%20sector. Accessed 22 Dec. 2024.

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