privatwirtschaftlich
Translation
private-sector, privately operated, commercial
Examples
Das ist ein privatwirtschaftlich geführtes Unternehmen.
That is a privately run company.
Der Sender ist privatwirtschaftlich organisiert.
The broadcaster is organised by the private sector.
Grammar Patterns
(attributive) modifying a noun a private-sector company
(predicative) as a predicate The initiative is purely private-sector.
Similar Words
Synonyms: private, commercial; Antonyms: state-run, public
Etymology
From Privat (private) + Wirtschaft (economy) + -lich (adjective suffix). Pertaining to the private economy.
Memory Tips
Connect it to 'private economy' (Privatwirtschaft). It's the opposite of 'staatlich' (state-run).