parastatal UK /paɹəˈsteɪtəl/US /ˌpæɹəˈsteɪdəl/adjective 1noun 1forms 1 adjective1 •Pertaining to such a company or group.‘Parastatal’ organizations – local councils, representatives of business, the Red Cross – had been increasingly filling the gap left by the government’s maladministration [...]. — 2009 noun1 •A company, agency, or intergovernmental organization that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly. formsparastatals
