Private Sector

Job Security
Job security refers to the probability that an individual will keep their job; it is the assurance that an employee has about the continuity of gainful employment for their work life.
Privatization (Denationalization)
A comprehensive guide detailing the transition of a publicly owned company or asset to private sector ownership, including economic and political motivations, examples, FAQs, related terms, and learning resources.
Public-Private Partnership (PPP)
A Public-Private Partnership (PPP) is a cooperative arrangement between one or more public and private sectors, typically of a long-term nature, designed to finance, build, and operate projects such as public transportation systems, parks, and social infrastructure.
Sector
A sector refers to a distinct part of the economy, stock market, or specific division in computer storage, each sharing common characteristics.
Third Sector
The third sector encompasses non-governmental, not-for-profit organizations, differentiating it from both the profit-making private sector and the governmental public sector.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.