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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.


[ˈpraɪvətaɪzɪŋ] Nprivatización f
References in periodicals archive ?
ISLAMABAD -- State Minister for Privatization Commission, Muhammad Zubair said on Monday that the government was following constitution while privatizing State Owned Enterprises (SOEs).
He said the government has not clarified whether it was privatizing 26 percent shares or 51 percent shares of PIA.
While addressing protestors the union president Peer Gul Zahir Shah, General Secretary Rehmanuddin, Gul Nazar and Iftikhar Khan strongly criticized the decision of the government of privatizing the three feeders of district Bannu and said that with the privatization of the three feeders not only the employees would be affected but the consumers as well.
Addressing those present at the 2014 Standard Bank West Africa Investors' Conference in Lagos, the minister said that Nigeria has been successful in privatizing the power sector and is bringing in capital, technology and operational excellence into the industry, for the first time in the country's 53 year history.
State officials this month will consider privatizing a state hospital.
The government has also flirted with the idea of shutting down RTP and instead privatizing RTP-1, the main public TV network, but, reportedly, only to achieve the reduced goal of privatizing the second public network.
You support privatizing Social Security which would undermine the program for seniors and dismantle it for future generations.
Second, those involved in privatizing the lodging facilities experienced confusion about some aspects of the transfer of facilities and equipment to the developer because the Army did not develop a single, comprehensive transition plan that included information on all the tasks to be completed as part of the transfer process.
Responding to a question on his opinions about Democrat Party's statement that it would withdraw their support behind the government if KTHY was privatise Kucuk said, "We are not privatizing KTHY, we are only looking for partner for five years.
By privatizing what was designed to be a guaranteed benefit, the government is putting the financial security of African Americans and other minorities at risk at a time when they need it most.
Kaoru Yosano, chairman of the Liberal Democratic Party's Policy Research Council, said Sunday the government and the LDP will start discussions on postal reforms this week based on the premise of privatizing postal services.
Chile has earned billions of dollars privatizing ports that dot its coast, giving private operators control of the infrastructure that ships copper, fruit, fish and, of course, wine to the world.