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 ?
Top court resumes hearing petition against halting privitisation of Pakistan Steel Mills
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.
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.
The report is highly critical of the role that foreign aid from Western governments has in the continent, claiming that it is often simply funding to promote privitisation of public services, free trade, and private investment.
Concerns were raised that the NHS operated ambulance service would lose out to a private bidder in what some critics were calling NHS privitisation through the back door.
We see, for example, the 'gating' of cities (Low, 2001), or ongoing processes of 'accumulation by dispossession' (Harvey, 2003) such as the privitisation of resources previously held in government ownership, or the accumulation of family farms by large scale agribusinesses (Harvey, 2003: 146).
We expect to complete the planned privitisation of assets this year,' Saleh Al Awaji told Saudi-owned Al Arabiya.
We expect to complete the planned privitisation of assets this year," Saleh Al Awaji told Saudi-owned Al Arabiya.
He also stated that it was "palpable nonsense", that Smith - who once worked for the US drug company Pfizer, was not committed to the NHS, after critics accused Smith of being in favour of privitisation of some NHS services.
This challenge emerged in large part because of the large scale program of privitisation, begun by the Thatcher administration in the UK but later pursued by many governments worldwide.
New economic growth will be spurred in part by a commitment to diversification, but also a return to the Government's pre-conflict goals of privitisation for several state-owned entities.