Parastatal Definition

părə-stātl
parastatals
adjective
Owned or controlled wholly or partly by the government.
A parastatal mining corporation.
American Heritage
Pertaining to such a company or group.
Wiktionary
noun
A company or agency owned or controlled wholly or partly by the government.
American Heritage

Other Word Forms of Parastatal

Noun

Singular:
parastatal
Plural:
parastatals

Origin of Parastatal

  • From para- +"Ž statal.

    From Wiktionary

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parastatal