privatization


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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 ?
ISLAMABAD -- A parliamentary committee on Wednesday has sought the procedural steps and recommendations made by the Financial Advisory Consortium (FAC) for the Privatization of Pakistan International Airlines (PIA).
ISLAMABAD -- Committee on Delegated Legislation has expressed its dismay at knowing there was no legally constituted Privatization Commission (PC).
The FBiH Government has given its approval for the Work Program with Privatization Plan and the Financial Plan of the Agency for Privatization in the FBiH (APF) for 2018.
ISLAMABAD -- The Senate's Standing Committee on Privatization was informed Tuesday that the Privatization Commission was currently working on the strategic sale of loss-making state-owned enterprises, including PSM, PIA and SME Bank in order to enhance their efficiency turning them into profitable entities.
Islamabad -- Minister for Privatization Daniyal Aziz Monday said privatization of national carrier Pakistan International Airlines (PIA) is inevitable as the government has to bear losses of Rs.
On Monday, the interagency Privatization Council gave the PMO the go-ahead to dispose of the one dozen lots in the cities of Davao, Digos and Tagum.
Emil Karanikolov, head of the Privatization and Post-Privatization Control Agency, has said that the State Agency for National Security (DANS) will be consulted on the privatization of the Central Depository AD.
Privatization has become an intensely polarized subject in Pakistan with politically charged rhetoric dominating discussions.
Muhammad WaqasPakistan's recently elected Pakistan Muslim League-Nawaz government is sticking to its reputation of pushing ahead with privatization drives.
Claims that the sale of 49 percent of Turkish Airlines shares would be finalized this month were not confirmed by the Privatization Authority in a written statement Sept.