Definition of parapublic in US English:

parapublic

adjective

Canadian
  • (of an organization or service) partially funded, operated, or owned by the government.

    ‘the company manages assets for public sector and parapublic pension plans’

Origin

1970s: originally formed in French on the same model as English words such as paramilitary and parastatal (see para-).

Pronunciation

parapublic

/ˌpɛrəˈpəblɪk//ˌperəˈpəblik/