government-owned corporation in British English
(ˈɡʌvəməntˌəʊnd ˌkɔːpəˈreɪʃən)
noun another name for government corporation
government corporation in British English
(ˈɡʌvənmənt ˌkɔːpəˈreɪʃən) or government-owned corporation (ˈɡʌvəməntˌəʊnd ˌkɔːpəˈreɪʃən)
nouna corporation set up by a national government to carry out business transactions on its behalf