"Parastatal" Pronounce,Meaning And Examples

"Parastatal" Natural Recordings by Native Speakers

Parastatal

"Parastatal" Meaning

Parastatal refers to an organization or institution that is established by the government to perform a specific function, but is not necessarily a government department or agency. It is often semi-autonomous and operates independently, but receives funding and support from the government. Examples of parastatals include state-owned companies, public corporations, and semipublic institutions that provide essential services such as transportation, energy, healthcare, and education.

"Parastatal" Examples

Usage Examples of "Parastatal"

1. Definition

A parastatal is a state-controlled organization or institution that is technically private but is closely tied to the government.

Example: "The country has a number of parastatals, including the national airline and the state-owned railways."

2. Public Services

Parastatals provide essential public services, such as healthcare, education, and infrastructure development.

Example: "The parastatal hospital in the capital city serves as a major referral center for patients from rural areas."

3. Government Support

Parastatals often receive financial support and guidance from the government, allowing them to operate more efficiently.

Example: "The government has provided a significant bailout package to the parastatal energy company to help it recover from the economic downturn."

4. Autonomy

While parastatals are state-controlled, they typically have a degree of autonomy and independence in their decision-making processes.

Example: "The parastatal corporation has been granted the authority to make its own budgetary decisions, as long as they align with the government's overall economic strategy."

5. Privatization

In some cases, parastatals may be privatized, with the government transferring ownership and control to private entities.

Example: "The government has announced plans to privatize several parastatals, including the state-owned telecommunications company, to increase efficiency and reduce the fiscal burden on the state."

"Parastatal" Similar Words

Parasomnias

Paraspadia

I apologize, but "paraspadia" is not a commonly used word in English language. It seems to be a misspelling or a word that is not recognized. Can you please provide more context or clarify the correct spelling of the word you are referring to? I'll do my best to explain its meaning if it's a valid English word.

Paraspadias

Paraspidias is a rare or obsolete word that refers to the act of going around or marching in a quick, nimble, and rapid manner, often with a sense of urgency or hastiness.

Parasphenoid

Paraspinal

Paraspinous

Parastacidae

The Parastacidae family is a group of freshwater crayfish or crabs commonly found in Australia, South America, and Asia. They are also known as yabbies or just "crayfish" in some regions.

Parastacoidea

Parastatistics

Parasternal

The term "parasternal" refers to the region of the thorax (chest) situated beside the sternum (breastbone), typically in the area of the second and third intercostal spaces. In medical contexts, this area is often used as a reference point for examining the heart and lungs, particularly in cardiothoracic medicine. In anatomical terms, the parasternal region includes the areas between the second and third ribs and the edges of the sternum. This region is also the site of insertion for the parasternal intercostal arteries, which supply oxygenated blood to the heart.

Parasthesia

Parastichies

Parastichous

Parastichous is an adjective that refers to a type of arrangement or structure in which the parts or elements are placed alongside or parallel to each other. It is often used in botanical contexts to describe the arrangement of leaves or branches on a stem, where they are arranged in a row or in layers that are parallel to each other. In a broader sense, parastichous can also describe any situation where elements are arranged in a side-by-side or parallel manner.