Definition of the third sector noun from the Oxford Advanced Learner's Dictionary


the third sector

BrE BrE//ðə ˌθɜːd ˈsektə(r)//
; NAmE NAmE//ðə ˌθɜːrd ˈsektər//
[singular] (economics)
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the part of an economy or a society that includes organizations that do not belong to the government and do not make a profit The forum was aimed at key business leaders from across the private, public and third sectors in the region. see also private sector, public sector