Privatization - definition, pronunciation, transcription
Amer.
|ˈpraɪvətəˈzeɪʃən|
Brit.
|ˈpraɪvətəˈzeɪʃən|
noun
- changing something from state to private ownership or control
Extra examples
The city decided to privatize the municipal power company.
The government is to accelerate its privatization program.
Word forms
noun
singular: privatization
plural: privatizations
singular: privatization
plural: privatizations
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