Meaning Of The Word Privatize

Real Dictionary

What's the definition of Privatize? Find Privatize meanings, definitions and more at the Real Dictionary online.

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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