privatization

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Related to privatizations: Privatised

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 ?
By comparison, in developed countries such as the United Kingdom, most privatizations are achieved through the sale of shares directly to the public.
Of the first 100 privatizations in the CIS, FPI has completed 70--an astounding figure for an extra-governmental organization in a confederation still based largely on command and control.
Privatizations, they add, have modernized once inefficient state-run companies.
In the second part, I will present the main characteristics of the Czechoslovak mass privatization program and the successive steps undertaken by the government to create broad public support for the privatizations through a strategy of small-scale privatization and restitution.
The building that houses Copri once served as the Ministry of Energy and Mines's bank, but the privatizations have allowed it to consolidate in the main structure.
Peruvian businessmen are in despair and have called for an aggressive resumption of privatizations.
The trick is, we need to accomplish some fairly high-profile privatizations in every area this year, which will make the rest easier down the line," Klug says.
It is being inferred that legislative authorization for individual privatizations are implicit in the framework, in other words it is being taken as a 'framework authorization act'.
Speaking at a meeting to mark the finalization of a power plant privatization tender in Ankara, the finance minister said privatizations should not be seen as a tool for gaining certain benefits for government associates.