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privatize

[prahy-vuh-tahyz] /ˈpraɪ vəˌtaɪz/
verb (used with object), privatized, privatizing.
1.
to transfer from public or government control or ownership to private enterprise:
a campaign promise to privatize some of the public lands.
2.
to make exclusive; delimit or appropriate:
special-interest groups attempting to privatize social issues.
Also, especially British, privatise.
Origin
1945-1950
1945-50; private + -ize
Related forms
privatization, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for privatise

privatize

/ˈpraɪvɪˌtaɪz/
verb
1.
(transitive) to transfer (the production of goods or services) from the public sector of an economy into private ownership and operation
Derived Forms
privatization, privatisation, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for privatise

privatize

v.

1968, from private (adj.) + -ize. Related: Privatized; privatizing.

Online Etymology Dictionary, © 2010 Douglas Harper
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