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- nounprivate enterprise (noun)
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- Private enterprise is a system of business that is owned and operated by individuals who risk their investment of capital and/or labor in the hope of making a profit1234. Private enterprise is unregulated by state ownership or control1345, and operates under the principles of free enterprise or laissez-faire capitalism34. Private enterprise is different from a government institution4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.private enterprise is an economy in which the production of goods and services is carried out by businesses owned and operated by people risking their investment of capital and/or labor in the hope of making a profit.www.classicthesaurus.com/private_enterprise/defineprivate 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.www.dictionary.com/browse/private-enterpriseprivate enterprise n. 1. Business activities unregulated by state ownership or control; privately owned business. 2. A privately owned business enterprise, especially one operating under a system of free enterprise or laissez-faire capitalism.www.thefreedictionary.com/private+enterprise
Definition: A Private Enterprise is an entity that operates under the ownership and management of individuals that freely decided to develop a given business idea. Its freedom from government intervention is what makes it different from a government institution.
www.myaccountingcourse.com/accounting-dictiona…private enterprise noun [ U ] us / ˌpraɪ.vət ˈen.t̬ɚ.praɪz / uk / ˌpraɪ.vət ˈen.tə.praɪz / industry and businesses owned by ordinary people, not by the governmentdictionary.cambridge.org/us/dictionary/english/priva… Private enterprise Definition & Meaning - Merriam-Webster
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