Private prison
PRISON OPERATED BY PRIVATE OWNERS
Private prisons; Private corrections; For-profit prison; Partnership prison; For-profit prisons; Private prisons in the United States; Poverty capitalism; Privatization of prisons; For profit prison; Prison outsourcing; Private Prisons
A private prison, or for-profit prison, is a place where people are imprisoned by a third party that is contracted by a government agency. Private prison companies typically enter into contractual agreements with governments that commit prisoners and then pay a per diem or monthly rate, either for each prisoner in the facility, or for each place available, whether occupied or not.