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What does state-owned mean?

Looking for the meaning or definition of the word state-owned? Here's what it means.

Adjective
  1. owned and controlled by the country's government.
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Repayment was handled via a swap of debt for equity in state-owned Bulgarian enterprises listed for privatisation.
Of the large trading companies that were under nationalized ownership at the beginning of the 1980s, only the Post Office remains state-owned.
There are a number of joint ventures between state-owned and locally owned private firms.
This results in inefficient distribution that causes state-owned enterprises to be rigid.
The state-owned company remains the monopoly train operator on the main lines, although secondary routes are put out to competitive tender.
In 1998, they began operating the state-owned Mount Sunapee ski area, in New Hampshire.

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