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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

privatizer

1
Pronunciation: /ˈprʌɪvəˌtʌɪzə/
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:

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