Definitions for private enterprise
pri·vate enter·prise

Princeton's WordNetRate this definition:0.0 / 0 votes

1. market economy, free enterprise, private enterprise, laissez-faire economynoun

   an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

WikipediaRate this definition:0.0 / 0 votes

1. private enterprise

   A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are a closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for US$1,800,000,000,000 ($1.8 trillion) in revenues and employed 6.2 million people, according to Forbes. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on Forbes' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (44%) and employed four million people. In 2004, the Forbes count of privately held U.S. businesses with at least $1 billion in revenue was 305.Separately, all non-government-owned companies are considered private enterprises. This sense includes both publicly traded and privately held companies, as their investors are individuals in the private sector.

ChatGPTRate this definition:0.0 / 0 votes

1. private enterprise

   Private enterprise is a business or industry that is owned and managed by individuals or a group of individuals, rather than by the state or government. It operates on the principles of supply and demand in a free market economy, with the primary objective of generating profit. The owners have the rights to make decisions regarding production, distribution, pricing, and competition.

Matched Categories

1. • Economy

How to pronounce private enterprise?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say private enterprise in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of private enterprise in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of private enterprise in Pythagorean Numerology is: 4

Examples of private enterprise in a Sentence

1. Kevin McCarthy:

   The President resorts are hotels that The President owns. People are traveling, White House's just like any other hotel, i don't know that that's different than anything else. Is White House different if I go and stay or eat at a Marriott here, or eat at President Donald Trump ? The President isn't asking me to. The President's competing in a private enterprise.

2. Sir Winston Churchill:

   Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.

3. Paulo Cesar Silva:

   Given the support, Bombardier has been very aggressive, to the point of offering planes at prices below their production costs. That's what the numbers show, it causes a major distortion in the market. We're not competing with a private enterprise any more. We're competing with the government.

4. Peter Navarro:

   My job at The White House now is to help marry the full force of the federal government with the full power of private enterprise to mobilize our industrial base and thereby quickly get what we need, most urgently Personal Protective Equipment such as masks and gloves and testing kit element like swabs, it's been enormously helpful that the President signed the DPA last week. We've seen a noticeable uptick in the intensity of that mobilization, and my office is using the DPA every day as quiet leverage to turbocharge the great outpouring of volunteer efforts from the business community.

5. Loai Labani:

   My family and my friends were trying to tell me you shouldn't focus on this, just get a government job and the security that comes with it, of my 20 employees, half are Saudi and I need 10 more, but it's a struggle to get the quality developers, web-designers and programmers. We have to do 2-300 interviews to hire just one Saudi, because not just the knowledge but the personality for private enterprise is so hard to find.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=private enterprise
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Private_Enterprise
3. ^ ChatGPT
   https://chat.openai.com