privatization

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Related to Privitization: globalization, deregulation

pri·va·tize

 (prī′və-tīz′)
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: "Egypt has to some degree privatized agriculture, allowing farmers to sell directly to consumers instead of through the government" (Marq de Villiers).

pri′va·ti·za′tion (prī′və-tĭ-zā′shən) 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

privatization

The conversion of something, especially an industry, from state ownership to private ownership.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.privatization - changing something from state to private ownership or control
social control - control exerted (actively or passively) by group action
Translations
magánosításprivatizáció

privatization

[ˌpraɪvətaɪˈzeɪʃən] Nprivatización f

privatization

[ˌpraɪvətaɪˈzeɪʃən] privatisation (British) nprivatisation f

privatization

References in periodicals archive ?
Privitization in the United-States--Theory and Practice.
37 million had been recovered earlier, Privitization Commission will now be able to recover a total amount of Rs 698.
According to the committee notification, the meeting will brief on the proposed privitization of PIA conversion of the PIA into olimited company and the meeting would also focus on the last meeting of the special committee held on 26.
In other words, as the results shows, there is not a significant difference between the levels of the investment in capital assets of the companies before and after privitization.
Continuation in the privitization of the water market, with Alstom securing a contract worth nearly EUR750mn (US$970mn) for equipment supply at the Yanbu 3 power and desalination plant.
In particular, in 1993, the third session of the Fourteenth Chinese Communist Party Conference passed the decision to building a Socialist Market Economy System, symbolizing a milestone transition from a planned economy to the socialist market economy with a greater emphasis on privitization and modernization (Zhonggong 2008).
Among the proposals approved were the opening of customs border exits and inlets around the clock, unification of customs procedures to facilitate the flow of goods and products, privitization of cusotms exits and inlets in the GCC countries in addition to mutual accreditation of certificates issued by private sector labs.
Ghaous Bux Mehar, Minister for Privitization, MNAs, Nawab Sher Waseer, Ms.
Central to such policies is the dogma of privitization of state services and therefore privitization was made a condition of African states receiving IMF loans.