privatized
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Related to privatized: denationalization, privatising
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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
privatized
(ˈpraɪvətaɪzd) orprivatised
adj
(Government, Politics & Diplomacy) (of the production of goods or services) transferred from the public sector of an economy into private ownership and operation
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