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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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Examples for privatization
  • privatization of industries and increased agricultural exports have boosted the economy.
  • The privatization of public university funding is a disaster for public well being.
  • Although the history of the privatization of the text of the law is complex, the results are simple.
  • Anyone who has spent any time looking at the long term effects of privatization knows that it never works out in the end.
  • These are the process of closing unneeded bases and the privatization of many functions of logistics and maintenance.
  • privatization of fire protection service is certainly possible.
  • There is no suggestion of another alternative, privatization with strict limits on how much people can buy.
  • Opponents argue that any foreign incursion equals privatization.
  • privatization is not a cure-all remedy, and while several significant hurdles still exist, it is certainly an area worth watching.
British Dictionary definitions for privatization

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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