state-owned

English

Adjective

state-owned (not comparable)

  1. Owned, controlled by, and under the purview or responsibility of a country's central government or its agencies and institutions.
    • 2021 February 10, Richard Clinnick, “Eurostar boost as French promise aid”, in RAIL, number 924, page 10:
      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.

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