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state-owned

adjective

No English definition recorded for this entry.

L586265 on Wikidata ↗

Wiktionary

adj

  1. Owned, controlled by, under the purview and responsibility, and counted as a resource of the country or city state, with central government or its agencies and institutions as the visible instrument.

    “The French Government is Eurostar's majority shareholder, with the country's state-owned railway SNCF holding a 55% stake, while Belgian state operator SNCB has a 5% stake.”