PFI
noun/ˌpiː ef ˈaɪ/
/ˌpiː ef ˈaɪ/
(British English)- 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)
- PFIs were introduced to make funding of the NHS more affordable but have also been used for other public projects.
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PFI