Meaning Of The Word Privatize

Real Dictionary

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Privatize Meaning

Privatize Definition
Privatize Definition

What's The Definition Of Privatize?

privatize
verb: If a company, industry, or service that is owned by the state is privatized, the government sells it and makes it a private company.

privatize in American English
to make or hold private; specif., to turn over (a public property, service, etc.) to private interests
transitive verb: to transfer from public or government control or ownership to private enterprise

privatize in British English
verb: to transfer (the production of goods or services) from the public sector of an economy into private ownership and operation

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