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privatization

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
pri·va·tize  (prv-tz)
tr.v. pri·va·tized, pri·va·tiz·ing, pri·va·tiz·es
To change (an industry or business, for example) from governmental or public ownership or control to private enterprise: "The strike ... was called to protest the ... government's plans to break up and privatize the deficit-ridden national railway system" (Christian Science Monitor).
priva·ti·zation (-t-zshn) n.
privatization
the act or process of transferring to private ownership industry operated by a government, of ten industry that has been nationalized. See also government.
See also: Economics
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.privatization - changing something from state to private ownership or control
denationalisation, denationalization, privatisation
social control - control exerted (actively or passively) by group action
Translations
privatization [ˌpraɪvətaɪˈzeɪʃən] N → privatización f
privatization [ˌpraɪvətaɪˈzeɪʃən] privatisation (British) n → privatisation f
privatization
n → Privatisierung f
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ISLAMABAD, November 06, 2009 (Balochistan Times): The Senate Standing Committee on Privatization, which met at the Parliament House Friday under the Chairmanship of Senator Adnan Khan, has sought details of the terms and conditions applied to the privatization of HBL, KESC, PTCL and other major public sector entities.
Senate body seeks details of privatized entities by Balochistan Times (Baluchistan Province, Pakistan)
ISLAMABAD, November 06, 2009 (Frontier Star): The Senate Standing Committee on Privatization, which met at the Parliament House Friday under the Chairmanship of Senator Adnan Khan, has sought details of the terms and conditions applied to the privatization of HBL, KESC, PTCL and other major public sector entities.
Senate Body Seeks Details Of Privatized Entities by The Frontier Star (Northwest Frontier Province, Pakistan)
But Vedomosti quoted government sources as saying that a new privatization drive would be also aimed as much at improving the image of Russia, which is still criticized by the West for having excessive state control of the economy.
Russia to relaunch privatization drive by AFP / AFP Global Edition
 
 
 
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