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Related to privatize: privatise
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.
(Government, Politics & Diplomacy) (tr) to transfer (the production of goods or services) from the public sector of an economy into private ownership and operation
ˌprivatiˈzation, ˌprivatiˈsation n
v.t. -tized, -tiz•ing.
1. to transfer from public or government control or ownership to private enterprise.
2. to make private.
Past participle: privatized
Switch to new thesaurus
|Verb||1.||privatize - 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"
tư nhân hóa
privatize[ˈpraɪvətaɪz] VT → privatizar
vt → privatisieren