English version

public enterprise

From Longman Business Dictionary
Related topics: Economics, Organizations
public enterpriseˌpublic ˈenterprise1[countable]ORGANIZATIONS a business that is owned and run by the governmentIt’s a vast public enterprise employing over 5,000 local government workers.2[uncountable]ECONOMICS businesses and companies that are owned and run by the government, considered as a wholeHe believed in privatization and the dismantling of public enterprise. enterprise
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