私有 sīyǒu private
private; privately-owned
How to remember 私有: 私 personal + 有 have = private.
Characters
How it is used
- Privately owned (of property, means of production) - 私有财产受法律保护 (sīyǒu cáichǎn shòu fǎlǜ bǎohù) private property is protected by law.
- An economic/legal term; contrast 公有 (gōngyǒu, publicly/collectively owned). Common in policy and ownership discussions.