privatize

[prahy-vuh-tahyz]
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:
1945–50; private + -ize

privatization, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To privatization
Collins
World English Dictionary
privatize or privatise (ˈpraɪvɪˌtaɪz)
 
vb
(tr) to transfer (the production of goods or services) from the public sector of an economy into private ownership and operation
 
privatise or privatise
 
vb
 
privati'zation or privatise
 
n
 
privati'sation or privatise
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
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.
Related Words
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature