Private Finance Initiative
- Gloss
- a financial arrangement in which a private company pays for a new large public project, such as a hospital, and the government pays the company in exchange for using it (the abbreviation for private finance initiative)
- Usage
- PFIs were introduced to make funding of the NHS more affordable but have also been used for other public projects.
- Reference
- oxfordlearnersdictionaries.com
Sanskrit equivalent
निजीवित्तोपक्रमः
- Synonyms
- स्वायत्त धनोपक्रमः
- Context
- Economics More in Business & Finance →