state-owned
adjective
ECONOMICS, GOVERNMENT ukusowned by the government:
a state-owned airline/bank/industry
Many people acquired shares in the former state-owned group when it was privatised in 2009.
The eventual deal will have to be approved by the French privatisation commission, because Credit Lyonnais is state-owned.
US
owned by a state:
Threatened by a ballot measure to disband it, Oregon's state-owned workers' compensation insurer found mixed support among local Republicans.
state-owned land