🇮🇳Hindi Source WordCode: HI

निजी उद्यम

Pronunciation / Transliteration: nījī udyam

🇬🇧 Direct English Meaning:
Private enterprise/ˌpraɪ.vət ˈɛn.tə.prɑɪz/
nounCEFR B2 (Upper)Top #8500 frequency
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🇮🇳 Example Sentence in Hindi:

"देश के विकास में निजी उद्यम महत्वपूर्ण भूमिका निभाता है।"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A business or industry managed and operated by private individuals or corporate groups rather than by the government.

    "The government is encouraging private enterprise to invest in renewable energy infrastructure."
  2. 2

    The system of business operated for profit under a competitive market economy with minimal state intervention.

    "Economic reforms in the region have created a thriving environment for private enterprise."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the combination of the English adjective 'private' (from Latin 'privatus', meaning set apart or personal) and the noun 'enterprise' (from Old French 'enterprise', meaning an undertaking or venture). The term gained widespread currency in modern economic discourse to distinguish commercial businesses owned by private individuals or groups from state-owned or public enterprises.

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