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

Now, with higher interest rates offering a hefty reward to anyone with the cash to lend, the private sector’s lender status has created a steady, inflationary income stream in a key part of the economy. —Will Daniel, Fortune, 23 May 2024

Yet higher borrowing costs also crimp the private sector's ability to build housing and add other new products to the market. —Paul Davidson, USA TODAY, 15 May 2024