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单词 private finance initiative
释义

Definition of private finance initiative in English:

private finance initiative

noun
British

  • A government scheme under which private sector finance is used to supplement public sector investment in public services, first proposed in 1989, with official guidelines being issued by the Treasury in 1992; abbreviated PFI.

Origin

1980s; earliest use found in Parliamentary Debates.

Definition of private finance initiative in US English:

private finance initiative

noun
British

  • A government scheme under which private sector finance is used to supplement public sector investment in public services, first proposed in 1989, with official guidelines being issued by the Treasury in 1992; abbreviated PFI.

Origin

1980s; earliest use found in Parliamentary Debates.
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更新时间：2024/11/11 6:45:04