parastatal
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.
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.
Wiktionary, CC BY-SA 4.0 · source
Dictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.