public private partnership

Short definition from Wiktionary

Noun

1. 1
   Alternative form of public-private partnership.
2. 2
   An arrangement by which one or more private firms agrees to fund, create, or operate a facility, service, or other element of public infrastructure (such as a school, hospital, or highway) which is usually the sole responsibility of government, in return for all or some of the revenue generated by that facility or service.
3. 3
   Alternative form of public-private partnership.