Parastatal meaning

părə-stātl
Frequency:
A company, agency, or intergovernmental organisation, that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.
noun
22
1
Owned or controlled wholly or partly by the government.

A parastatal mining corporation.

adjective
6
3
Pertaining to such a company or group.
adjective
5
0
A company or agency owned or controlled wholly or partly by the government.
noun
4
1
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Origin of parastatal

  • From para- +"Ž statal.

    From Wiktionary