Meaning of liikelaitos | Babel Free
/ˈliːkeˣˌlɑi̯tos/Määritelmät
An unincorporated business entity which is owned by state or one or more municipal governments. Liikelaitos is expected to be financially self-sustaining, and sometimes to earn a profit for the owners. They exist e.g. in water and electricity supply, harbour and railway operation. The English translations in use include "unincorporated state enterprise", "unincorporated municipal enterprise" and "authority".
CEFR-taso
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.