State-Owned Enterprise
/ˈsteɪt oʊnd ˌɛntərˈpraɪz/
Definitions
- (n.) A business entity wholly or predominantly owned and controlled by a government, established to undertake commercial activities on the government's behalf.
The state-owned enterprise operates in the energy sector, supplying electricity nationwide.
Forms
- state-owned enterprise
- state-owned enterprises
Related terms
See also
Commentary
Typically refers to entities with both commercial objectives and public policy roles; drafting should clarify ownership and control structures to distinguish SOEs from government agencies or private firms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.