parastatal
parastatal · parastatals
A company, agency, or intergovernmental organization that possesses political clout…A company, agency, or intergovernmental organization that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.
UK/paɹəˈsteɪtəl/US/ˌpæɹəˈsteɪdəl/
Meaning
1 senses(Africa)A company, agency, or intergovernmental organization that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.
Origin
From French, equivalent to para- + statal.From French, equivalent to para- + statal.
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