Public enterprise
noun
1.
economic activity by governmental organizations Compare private enterprise (sense 1)
noun
any economic activity carried out by the government; also, a business or industry controlled by the government
Examples
Utilities (gas, electricity, etc.), broadcasting, telecommunications, and certain forms of transport are examples of public enterprise.
Word Origin
1849
Read Also:
- Public expenditure
noun 1. spending by central government, local authorities, and public corporations
- Public-eye
noun 1. public attention or notice; limelight: a politician who keeps out of the public eye.
- Public footpath
noun 1. a footpath along which the public has right of way
- Public gallery
noun 1. the gallery in a chamber of Parliament reserved for members of the public who wish to listen to the proceedings Also called strangers’ gallery
- Public goods
plural noun 1. services such as national defence, law enforcement, and road building, that are for the benefit of, and available to, all members of the public