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privatise

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.privatise - change from governmental to private control or ownership; "The oil industry was privatized"
manufacture, industry - the organized action of making of goods and services for sale; "American industry is making increased use of computers to control production"
business enterprise, commercial enterprise, business - the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business"
denationalise, denationalize - put under private control or ownership; "The steel industry was denationalized"


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Summary: Libya aims to partly privatise National Commercial Bank and pursue plans to open its financial sector to international competition through the sale of up to three full banking licenses, central bank governor Farhat Omar Bin Guidara said on Monday.
The Israeli parliament on Monday passed a controversial land reform law that allows local officials to privatise state land in urban centres, triggering the ire of Israel's Arab minority.
ELDERLY and disabled people in Warwickshire could suffer following a decision to partly privatise home care services in the county, a leading union has claimed.
 
 
 
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