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

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Consumer interest translates to voter expectations, especially as the private sector continues to innovate and produce solutions. Sean Stein Smith, Forbes, 25 Oct. 2024 In the 1980s, about 4 in 10 U.S. workers in the private sector had pension plans, but today only 1 in 10 do, and they’re overwhelmingly concentrated in the financial sector, said Jake Rosenfeld, chairman of the sociology department at Washington University-St. Louis. David Koenig, Fortune, 25 Oct. 2024 The desire to shift risk onto employees and away from a company’s bottom line has led most private sector defined benefit plans to vanish over the last 45 years. Chris Isidore and Vanessa Yurkevich, CNN, 24 Oct. 2024 In return, buyers would get access to an FBI database containing contact details on people in the private sector charged with managing the US’s critical infrastructure. Michael Kan, PCMAG, 17 Oct. 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 5 Nov. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!