The term "privately managed public school" means that the government provides the school grounds, buildings and other tangible assets, and the standard funding that any public school receives, while the educational concepts and curriculum are designed and implemented by the private organization that operates the school.
所謂的公辦民營，是由公家提供校地、校舍硬體，以及等同於公立學校標準的經費補助；而教育理念和內容則交由承辦機構自主規劃執行。