Share this entry

Share this page

privatize

Line breaks: pri¦vat|ize
Pronunciation: /ˈprʌɪvətʌɪz
 
/
(also privatise)

Definition of privatize in English:

verb

[with object]
Transfer (a business, industry, or service) from public to private ownership and control: they were opposed to plans to privatize electricity and water
More example sentences
  • Successive governments pared back the public sector, privatising industries and services throughout the country.
  • The postal officials reportedly supported Koso as an opponent of government plans to privatize postal services.
  • This is because it is privatising the nationalised industries and services and doing everything in its power to attract foreign investment.

Derivatives

privatization

1
Pronunciation: /-ˈzeɪʃ(ə)n/
noun
Example sentences
  • Another primary concern of the ANC government is the privatization of state assets.
  • Did the CP oppose the privatization of public services while they were in the government?
  • As elsewhere in the Pacific, Australia is pushing for economic restructuring measures that include drastic cutbacks to government spending and privatisations.

privatizer

2
noun
Example sentences
  • Those performing well get three stars, while those performing poorly get no extra cash and the threat of being taken over by privatisers within three months.
  • The success in Glasgow should spur on resistance to the privatisers throughout the public services.
  • Alternatively, privatizers can unhappily admit that future stock returns will be much lower than they have been claiming.

Definition of privatize in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day terpsichorean
Pronunciation: ˌtəːpsɪkəˈriːən
adjective
relating to dancing