Definition of privatization Privatization
/pɹajˈvʌtʌzejˈʃʌn/ - [prayvutuzeyshun] -
We found 4 definitions of privatization from 4 different sources.
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British English
privatisation - /pɹˌaɪvətaɪzˈeɪʃən/
American English
privatization - /pɹajˈvʌtʌzejˈʃʌn/
What does privatization mean?
WordNet
Noun |
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| privatization - changing something from state to private ownership or control | ||
| denationalization, denationalisation, privatisation | ||
| social control control exerted (actively or passively) by group action | ||
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Wiktionary 
- privatization (Noun)
The transfer of a company or organization from government to private ownership and control.
Wikipedia 
- Privatization is when a nationalized company is sold by the government to people who want to buy it.
Part of speech
🔤- privatization, noun, singular of privatizations.
