private enterprise

listen to the pronunciation of private enterprise
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Private enterprise is industry and business which is owned by individual people or commercial companies, and not by the government or an official organization. the government's plans to sell state companies to private enterprise. the economic system in which private businesses are allowed to compete freely with each other, and the government does not control industry private sector
economic business that was opened by private individuals
private enterprise number
A unique number as assigned by IANA to identify unique objects that are defined by an enterprise, developed to give objects a common naming system via the more common language of numbers

Applied primarily to LDAP and X.500 directories in locally-defined schema and in the Simple Network Management Protocol (SNMP) and related standards.

private enterprise