What is the definition of Privatization? | Dictionary.net

PRIVATIZATION

\pɹˌa͡ɪvəta͡ɪzˈe͡ɪʃən], \pɹˌa‍ɪvəta‍ɪzˈe‍ɪʃən], \p_ɹ_ˌaɪ_v_ə_t_aɪ_z_ˈeɪ_ʃ_ə_n]\

Definitions of PRIVATIZATION

2010 - Medical Dictionary Database
1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

Process of shifting publicly controlled services and/or facilities to the private sector.

2010 - Medical Dictionary Database
By DataStellar Co., Ltd

As opposed to nationalization, privatization is the sale of enterprises owned by public companies to private companies.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

costotransverse

Relating to ribs and transverse processes of the vertebrae articulating with them. Lying between ribs and transverse process of the vertebrae.

View More

Nearby Words