Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
private-enterprise is an adjective meaning "subscribing to capitalistic competition". It carries one recorded sense.
subscribing to capitalistic competition
Definitions, synonyms and semantic relations for private-enterprise come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.