PRIVATE ENTERPRISE Definition & Meaning

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private enterprise

noun

free enterprise ( def 1 ).

private enterprise

noun

economic activity undertaken by private individuals or organizations under private ownership Compare public enterprise
another name for capitalism

private enterprise

Business carried on for profit and not owned by the government; also, the system that discourages public ownership of business; the same as free enterprise . ( See private sector .)

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�y��vlog History and Origins

Origin of private enterprise¹

First recorded in 1835–45

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Example Sentences

Examples have not been reviewed.

And perhaps also on how civilian society and private enterprise can play their parts.

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The measure ran into opposition from President Coolidge and his Treasury secretary, the multimillionaire Andrew Mellon, who thought private enterprise should take on the task.

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He also said it was the "right time for private enterprises and private entrepreneurs to fully display their talents".

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He suggested that if the US put a base on Mars then "after that's done, the expensive way, private enterprise can say 'well, maybe there is another way to get there that is cheaper'."

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In 2020, Boyle and California Endowment chief executive Robert Ross co-signed a letter to Metro and the city, opposing the gondola and characterizing it as “a tourist attraction for the benefit of private enterprise.”

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