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 ?
The Council of Common Interest had approved 62 public sector entities for privitisation. But the Privitisation Commission in its meeting of October, 2018 recommended 11 profit making state entities for privitisation; put the privitisation of 24 enterprises on the back burner; and dropped 29 losses making companies from the privitisationprogramme.
Naiade Freitas, OBG's country director for Oman, said, 'Oman has already made several reforms in 2019 to make the business environment more friendly, for an example through the enhancement of public private partnerships (PPPs), privitisation, and foreign capital investments.'
A party of establishment politicians promoting cuts, privitisation and corporate control is sure to be firmly rejected at the polls."
SAP include internal changes (notably privitisation and deregulation) as well as external ones, especially the reduction of trade barriers.
Bilawal criticises government's privitisation policy for PIA, Pakistan Steel Mills
He is member of Standing Committee on Privitisation, Finance Revenue and Economic Affairs and Petroleum.
The initial plans to list on the Saudi stock exchange Tadawul was first brought up last year, as the company stated plans to be more involved in KSA and its privitisation programme.
ISLAMABAD -- Chief Justice of Pakistan Mian Saqib Nisar has formed a nine-member larger bench to revisit the Supreme Court's judgment which halted the privitisation of Pakistan Steel Mills in 2006.
Public sector trade union UNISON claim the outsourcing of the service would be "privitisation by the back door" and would threaten the future of the service.
Given that a key plank in the appeal of right wing populism is that it offers simplistic solutions to complex social problems through the development of narratives about 'the other,' analysis of wider social influences on health policy and inequalities, such as the privitisation agenda currently operating in the United Kingdom, has the potential to disrupt these populist agendas in small scale ways.
He has worked as head of the Punjab Board of Investment and Trade, the Chairman of Federal Board of Investment, and briefly as Chairman of the Privitisation Commission as well as director of PIA and chairman of Sui Southern Gas Company.
-GLOBAL LOGISTICS PROPERTIES AGREES TO USD 11.6BN BUYOUT, PRIVITISATION