State-owned
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: State-owned is an adjective meaning Owned, controlled by, under the purview and responsibility, and counted as a resource of the country or city state, with central government or its agencies and institutions as the visible instrument.
Meaning
Owned, controlled by, under the purview and responsibility, and counted as a resource of the country or city state, with central government or its agencies and institutions as the visible instrument.
Example Sentences
The French Government is Eurostar's majority shareholder, with the country's state-owned railway SNCF holding a 55% stake, while Belgian state operator SNCB has a 5% stake.
Related Words
Related dictionary entries include government, governmental, official, national, sovereign, public.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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