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State-owned enterprise of the united states

corporations owned by, but with separate legal personality from, the United States government

Pronunciation
/steɪt - oʊnd ˈɛntərˌpraɪz əv ðə juˈnaɪdəd steɪts/
/steɪt - əʊnd ˈɛntəprʌɪz əv ðɪ juːˈnʌɪtɪd steɪts/