semi-state

adjective3

1. •
   (Ireland) state-owned but managed independently along commercial lines

   • TAXPAYERS are shelling out more than €2m annually to pay for the salaries of 10 high-profile CEOs employed in commercial semi-state bodies. — 2007
2. •
   ceremonial, but somewhat less ornate, formal, or prestigious than would be classed as "state"

   • There now remains the fourth side of the square, which is devoted to the state and semi-state carriages. The semi-state carriages, eleven in number, are chiefly of modern make. — 1896
3. •
   The state after the socialist revolution, which is withering away in the process of eliminating class antagonisms.