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corporatize

Line breaks: cor|por¦at|ize
Pronunciation: /ˈkɔːp(ə)rətʌɪz
 
/
(also corporatise)

Definition of corporatize in English:

verb

[with object]
Convert (a state organization) into an independent commercial company: she announced a proposal to corporatize the national labs
More example sentences
  • The Dublin Port Company was corporatised in 1997 and has doubled profit levels and trade from 10 million tonnes to 22 million tonnes in the last five years.
  • At the top of its list was a request that the government halt plans to privatize and corporatize the Taiwan Railway Administration.
  • It was symptomatic of what has prevailed in the power industry nationally since it was either corporatised or privatised, allowing market forces to dominate.

Derivatives

corporatization

1
noun
Example sentences
  • It was possible for these industries to undergo corporatization, but only on condition that the state retained a controlling share in the company and that foreign investors were excluded from share ownership.
  • Australia has been a world leader in the privatisation, outsourcing and corporatisation of the government sector over the past decade or so.
  • The government and the Indian elite welcome corporatisation and privatisation.

Definition of corporatize in:

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