Private Finance Initiative

Business, Legal & Accounting Glossary

Definition: Private Finance Initiative


Private Finance Initiative

Quick Summary of Private Finance Initiative


A system of generating financing through private ventures to fund things like infrastructure and similar long-term capital investments. Within a private finance initiative, the contracting company’s services are leased to a specific municipal organization that in turn pays for those services over the course of the established and often lengthy agreement. For example, private finance initiatives are often used to fund the building and management of prisons by the private sector.




Synonyms For Private Finance Initiative


PFI


Cite Term


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https://payrollheaven.com/define/private-finance-initiative/
Modern Language Association (MLA):
Private Finance Initiative. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/private-finance-initiative/.
Chicago Manual of Style (CMS):
Private Finance Initiative. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/private-finance-initiative/ (accessed: March 29, 2024).
American Psychological Association (APA):
Private Finance Initiative. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/private-finance-initiative/

Definition Sources


Definitions for Private Finance Initiative are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.