0 abbreviation for Private-Finance Initiative: a system in which private companies build and sometimes manage large projects such as hospitals or roads, and then the government pays to use them
1 abbreviation for Private-Finance Initiative: in the UK, a system where private companies build and sometimes manage large projects such as hospitals or roads, and then the government pays to use them:
The PFI provides a way of funding major capital investments, without costing the government a lot of money.