Private sectorThe private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector.
Ideal (ring theory)In mathematics, and more specifically in ring theory, an ideal of a ring is a special subset of its elements. Ideals generalize certain subsets of the integers, such as the even numbers or the multiples of 3. Addition and subtraction of even numbers preserves evenness, and multiplying an even number by any integer (even or odd) results in an even number; these closure and absorption properties are the defining properties of an ideal.
Private propertyPrivate property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity, and from collective or cooperative property, which is owned by one or more non-governmental entities. Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for profit.
Public–private partnershipA public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users over the course of the PPP contract. Public–private partnerships have been implemented in multiple countries and are primarily used for infrastructure projects. They have been employed for building, equipping, operating and maintaining schools, hospitals, transport systems, and water and sewerage systems.
Fractional idealIn mathematics, in particular commutative algebra, the concept of fractional ideal is introduced in the context of integral domains and is particularly fruitful in the study of Dedekind domains. In some sense, fractional ideals of an integral domain are like ideals where denominators are allowed. In contexts where fractional ideals and ordinary ring ideals are both under discussion, the latter are sometimes termed integral ideals for clarity. Let be an integral domain, and let be its field of fractions.
Systems architectureA system architecture is the conceptual model that defines the structure, behavior, and more views of a system. An architecture description is a formal description and representation of a system, organized in a way that supports reasoning about the structures and behaviors of the system. A system architecture can consist of system components and the sub-systems developed, that will work together to implement the overall system. There have been efforts to formalize languages to describe system architecture, collectively these are called architecture description languages (ADLs).
Enterprise architecture frameworkAn enterprise architecture framework (EA framework) defines how to create and use an enterprise architecture. An architecture framework provides principles and practices for creating and using the architecture description of a system. It structures architects' thinking by dividing the architecture description into domains, layers, or views, and offers models - typically matrices and diagrams - for documenting each view. This allows for making systemic design decisions on all the components of the system and making long-term decisions around new design requirements, sustainability, and support.
PrivatizationPrivatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies.
Architecture domainAn architecture domain in enterprise architecture is a broad view of an enterprise or system. It is a partial representation of a whole system that addresses several concerns of several stakeholders. It is a description that hides other views or facets of the system described. Business, data, application and technology architectures are recognized as the core domains in the most of proposed concepts concerned with the definition of enterprise architecture.
Public sectorThe public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, infrastructure, public transit, public education, along with health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service.
Maximal idealIn mathematics, more specifically in ring theory, a maximal ideal is an ideal that is maximal (with respect to set inclusion) amongst all proper ideals. In other words, I is a maximal ideal of a ring R if there are no other ideals contained between I and R. Maximal ideals are important because the quotients of rings by maximal ideals are simple rings, and in the special case of unital commutative rings they are also fields.
Enterprise architectureEnterprise architecture (EA) is a business function concerned with the structures and behaviours of a business, especially business roles and processes that create and use business data. The international definition according to the Federation of Enterprise Architecture Professional Organizations is "a well-defined practice for conducting enterprise analysis, design, planning, and implementation, using a comprehensive approach at all times, for the successful development and execution of strategy.
Real numberIn mathematics, a real number is a number that can be used to measure a continuous one-dimensional quantity such as a distance, duration or temperature. Here, continuous means that pairs of values can have arbitrarily small differences. Every real number can be almost uniquely represented by an infinite decimal expansion. The real numbers are fundamental in calculus (and more generally in all mathematics), in particular by their role in the classical definitions of limits, continuity and derivatives.
PublicIn public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the Öffentlichkeit or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field.
Interior (topology)In mathematics, specifically in topology, the interior of a subset S of a topological space X is the union of all subsets of S that are open in X. A point that is in the interior of S is an interior point of S. The interior of S is the complement of the closure of the complement of S. In this sense interior and closure are dual notions. The exterior of a set S is the complement of the closure of S; it consists of the points that are in neither the set nor its boundary.
Minimal idealIn the branch of abstract algebra known as ring theory, a minimal right ideal of a ring R is a non-zero right ideal which contains no other non-zero right ideal. Likewise, a minimal left ideal is a non-zero left ideal of R containing no other non-zero left ideals of R, and a minimal ideal of R is a non-zero ideal containing no other non-zero two-sided ideal of R . In other words, minimal right ideals are minimal elements of the partially ordered set (poset) of non-zero right ideals of R ordered by inclusion.
MultiplicationMultiplication (often denoted by the cross symbol , by the mid-line dot operator , by juxtaposition, or, on computers, by an asterisk ) is one of the four elementary mathematical operations of arithmetic, with the other ones being addition, subtraction, and division. The result of a multiplication operation is called a product. The multiplication of whole numbers may be thought of as repeated addition; that is, the multiplication of two numbers is equivalent to adding as many copies of one of them, the multiplicand, as the quantity of the other one, the multiplier; both numbers can be referred to as factors.
Fourier transformIn physics and mathematics, the Fourier transform (FT) is a transform that converts a function into a form that describes the frequencies present in the original function. The output of the transform is a complex-valued function of frequency. The term Fourier transform refers to both this complex-valued function and the mathematical operation. When a distinction needs to be made the Fourier transform is sometimes called the frequency domain representation of the original function.
Real analysisIn mathematics, the branch of real analysis studies the behavior of real numbers, sequences and series of real numbers, and real functions. Some particular properties of real-valued sequences and functions that real analysis studies include convergence, limits, continuity, smoothness, differentiability and integrability. Real analysis is distinguished from complex analysis, which deals with the study of complex numbers and their functions.
Real estateReal estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (eg. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. In terms of law, real is in relation to land property and is different from personal property while estate means the "interest" a person has in that land property.
