parastatal

[US]/ˌpærəˈsteɪtəl/
[UK]/ˌpɛrəˈsteɪtəl/
Frequency: Very High

Translation

n.a company or organization that is partly owned or controlled by the government
adj.partly owned or controlled by the government
Word Forms

Phrases & Collocations

parastatal agency

parastatal company

parastatal enterprise

parastatal funding

parastatal sector

parastatal organization

parastatal investment

parastatal reform

parastatal services

parastatal regulation

Example Sentences

the parastatal company is responsible for providing public services.

many parastatal enterprises are undergoing privatization.

parastatal organizations often receive government funding.

the efficiency of parastatal institutions is often questioned.

parastatal agencies play a crucial role in the economy.

she works for a parastatal organization focused on infrastructure development.

the government plans to reform parastatal sectors to improve efficiency.

parastatal firms often compete with private companies.

job security in parastatal jobs is generally higher than in the private sector.

parastatal entities are essential for national development.

Popular Words

Explore frequently searched vocabulary

Download App to Unlock Full Content

Want to learn vocabulary more efficiently? Download the DictoGo app and enjoy more vocabulary memorization and review features!

Download DictoGo Now