Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun politics, government, business An
arrangement by which one or moreprivate firms agrees tofund ,create , oroperate afacility ,service , or other element of publicinfrastructure (such as a school, hospital, or highway) which is usually the sole responsibility of government, in return for all or some of therevenue generated by that facility or service.
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