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reprivatize

or (especially British) reprivatise

[ree-prahy-vuh-tahyz] /riˈpraɪ vəˌtaɪz/
verb (used with object), reprivatized, reprivatizing.
1.
to restore to private control; remove from governmental jurisdiction.
Origin of reprivatize
1945-1950
1945-50; re- + private + -ize
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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