🇮🇹Italian Source WordCode: IT

Parastatale

Pronunciation / Transliteration: /pa.ra.staˈta.le/

🇬🇧 Direct English Meaning:
Parastatal/ˌpærəˈstætəl/
adjectivenounCEFR C2 (Proficient)Top #28400 frequency
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🇮🇹 Example Sentence in Italian:

"L'ente parastatale gestisce i servizi pubblici essenziali."

Comprehensive Definitions & Senses

2 senses
As adjective
  1. 1

    Relating to a company or organization that possesses certain legal and financial independence from the government while being controlled wholly or partly by it.

    "The government announced the privatization of several key parastatal enterprises."
As noun
  1. 1

    A parastatal organization or agency.

    "The national railway operates as a major parastatal within the transport sector."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the prefix 'para-' (meaning beside or subsidiary) combined with 'statal', relating to a state. The term emerged in political science and economics during the mid-20th century to describe organizations that operate with government backing but possess independent corporate structures.

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