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privately-owned

 

Definitions from the Web

Privately-owned

Definition: Referring to something that is owned by an individual, family, or non-governmental entity rather than the government or publicly-listed company.

Part of Speech: Adjective

Sense 1: Relating to or characteristic of something that is not owned by the government, but instead owned by a private entity.

Example sentences:

  • The privately-owned company is one of the leading players in the tech industry.
  • They enjoy the benefits of living in a privately-owned community.

Sense 2: Referring to an organization or facility that is owned and operated by an individual or private investors.

Example sentences:

  • The privately-owned hospital offers high-quality healthcare services.
  • We stayed in a charming privately-owned bed and breakfast during our trip.

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